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◆ 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
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Bankers off the deal thought issuer paid up but the leads disagreed
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Kantonsspital Baden satisfies investor demand for long paper with pick-up
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EU to lead issuance revival after busy week for central banks and data wonks but no easy road ahead
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German issuer raises euros in an otherwise silent market ahead of central bank meetings
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'Very specific' demand swallows city's bond, longer than govvies
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Deals keep coming in busy week for SSA primary market