Top Section/Ad
Top Section/Ad
Most recent
German state prices in line with euro curve despite moves in swap spread during execution
The central bank has lowered rates by 25bp amid fears of tariff-induced growth shocks
◆ Volatility causes spread losses ◆ Issuer ‘flirted’ with intraday execution ◆ Level ropes in $2.35bn book
First EGB syndication and first dollar SSA bond after tariff mayhem put investor demand to test
More articles/Ad
More articles/Ad
More articles
-
◆ Deal's reception 'exceeded all expectations' ◆ Final €2.75bn book a large one for Länder sector ◆ Curves of other German states and KfW referenced -
◆ Iconic NYC spot powers CMBS revival ◆ Gilt market braces for Labour Budget ◆ Banks plan bonds for November undaunted by US election
-
◆ First euro deal for decades ◆ Tightened 2bp despite small book ◆ Break with previous issuance pattern
-
◆ No book updates given ◆ German peer suffers the same fate ◆ Screen levels may have led to undersubscription
-
Supplementary budget might see Länder use late November window
-
◆ Eleventh sustainability bond helps issuer close in on funding target ◆ Twice covered book signals steadier euro market ◆ Supply slowdown is "creeping in"
