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◆ Sovereign rides post-EU momentum, beats size target ◆ Deal priced flat to fair value ◆ Thuringia oversubscribed but Länder books shrink
◆ Positioning and expectations drive prices ◆ US data expected to drive pricing ◆ IDA and Thuringia announce mandates
French government vote and EU syndication to shape market in coming days
DMO chief says 'broad-based demand' and 'strong international appetite' supported Gilt sale in tricky conditions
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Deal stood out from other sovereign issues last week
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Issuers including Belgium and Italy are queuing up to access the market
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- Why the good times in primary bond markets may not last - The consequences of the ECB’s demand that banks buffer their leveraged finance positions on LBOs - How that could play into the hands of private creditors
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Austria among those to pass first examination but market awaits eurozone govvie bond giants as funding needs expected to rocket
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Sovereigns build bumper order books as Portugal dares to go longer than peers
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Marquee issuers bring well received deals, as borrowers and investors learn lessons from 2022