Top Section/Ad
Top Section/Ad
Most recent
Appetite for long‑dated MTNs firm in quiet summer market, say bankers
Market participants ‘certainly won’t get bored’ during quiet weeks for issuance
New issues pipeline quiet, mid-August restart eyed
◆ €500m bond six times subscribed ◆ Only 1bp off NRW's recent five year ◆ Tenor, yield, timing all attractive
More articles/Ad
More articles/Ad
More articles
-
◆ Large demand leads to large print ◆ Early momentum in quality book ◆ 'Everything flying' but spread to swaps also attracts -
Risk of complacency flagged as issuers continue to fund into summer
-
Investor relations efforts and euro demand help issuer price at ‘ambitious but not unrealistic’ level
-
◆ First euro deal since January 2024 ◆ Timing and tightening 'just right' ◆ Peer issuance provides confidence
-
◆ First €1bn three year Länder since end-2023 ◆ Deal prices in line with recent EIB, ESM in primary ◆ Secondary spread pick-up still attracted €1.5bn book
-
New 10 year deal was oversubscribed as geopolitical risks intensify
