Sterling
-
High yields ensure the first deal since the Bank of England's 50bp rise was amply covered -
◆ First issue since 2014 will pay for tender offer ◆ Bankers expect 'high single digit' handle ◆ Sub note to be replaced a year before maturity
-
Sterling rush continues as 13th consecutive interest rate rise is on the horizon
-
Evidence emerges that specific issuers may find sterling is competitive compared to euros
-
Market picks over how Anglian Water was able to print a 16 year tighter to Gilts than a bond with half the maturity
-
◆ UK buy and hold investors anchor demand ◆ Scarcity drives tightening ◆ More issuers may print as arb improves
-
Truck maker continues sterling's busiest week for corporate issuance this year
-
◆ Opco bond choice counteracts wild swings in rates ◆ 'Rrisky strategy' but issuer tightens pricing ◆ Spread buyers lock on to high yield
-
Huge bid for Anglian's long tranche, Aster housing association has harder time
-
Sterling hybrid debut found better demand than Vodafone's but still tepid
-
Telecoms company and property firm Aster are preparing trades in sterling market
-
◆ Huge oversubscription thanks to spread and yield ◆ Merchant bank differentiated itself on a busy day ◆ IR work pays off
