Top Section/Ad
Top Section/Ad
Most recent
◆ Tightest 10 year Länder bond this year ◆ Big book leads to 4bp spread move ◆ Deal still three times covered, green element was key
◆ One deal was judged ‘relatively tight’... ◆ And the other ‘definitely cheap’... ◆ ... though fair value tough to spot
Issuance recovers from last week’s wobble but concerns linger after issuers like KfW widen
◆ Sovereign rides post-EU momentum, beats size target ◆ Deal priced flat to fair value ◆ Thuringia oversubscribed but Länder books shrink
More articles/Ad
More articles/Ad
More articles
-
The 10 year Bund yield hit a record intraday low on Tuesday, as a German region increased a deal size and a French agency lined up an unconventional eight year deal. -
A trio of issuers have lined up short end dollar deals for pricing on Wednesday. Some bankers said the focus on threes and fives was in response to poor US jobs data last week, although that view was not universal.
-
Île-de-France will open books for its fourth green bond on Tuesday morning, in spite of troubling US jobs data.
-
The Province of Manitoba on Tuesday sold its largest ever deal in euros, tapping its June 2040 line for €212m. The deal has, according to a funding official at the issuer, paved the way for a debut public transaction in the currency.
-
Catalonia’s finance minister will describe a Moody’s downgrade of the region as “artificial and irrelevant” later on Friday, according to GlobalCapital sources.
-
