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Two syndicated deals left for 2026; ‘right maturity and timing’ key to issuer’s long-end plan
'Records broken left, right and centre' as redemption money and pent-up demand flood new issues market
◆ Southern European duo steals Thursday's show ◆ Italy grabs unbelievable €20bn ◆ Portugal compresses Bund spread to decades-tight
◆ Both deal and book sizes break records ◆ 'Normal' pricing approach and NIP paid ◆ Portugal, Italy next up
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Despite next year's funding needs remain limited to around €8bn, the sovereign is confident its positive story will help its spreads maintain their outperformance
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Chancellor’s fiscal headroom surprisingly doubles but backloaded consolidation efforts raise concerns
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‘All done’ for 2025 as UK Budget and Thanksgiving approach but 'very crowded' January ahead
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◆ Pulay highlights 29% rise in investor numbers ◆ UK accounts dominate ◆ Communications strategy seen as key
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Pan-European stock exchange shares what was behind its recent decision to launch a defence bond label, how it may help both issuers and investors, and what lies ahead
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◆ Gilts yields choppy amid PM leadership rumours ◆ Crossover of accounts drawn to linker trade ◆ 'Super strong trade' says lead manager