Sterling
-
Issuers paid higher new issue concessions this week as investors turned more selective -
◆ A bank advised Nationwide of strong fixed sterling bid ◆ RMBS was another option ◆ 'New accounts' participated in deal
-
◆ UK water company prints 6.75 year bond ◆ Orders stick at almost seven times deal size ◆ Deal lands close to fair value
-
Additional reserves could be freed, enabling banks to scale up lending
-
-
French political concerns and geopolitical twists chilled sentiment with no new unsecured deals on Tuesday
-
◆ Rare pricing against Sonia swaps ◆ Reverse enquiries drive deal ◆ Relative value against SSAs
-
◆ Deal follows Honda's $2bn issuance in September ◆ Modest tightening in a weaker credit market ◆ Auto sector tone improves as tariff path clarifies
-
◆ Flow picking up in quiet sterling market ◆ CMA's redetermination unlikely to change credit metrics for UK water companies ◆ Logistics real estate issuer kicks off euro green bond
-
Hong Kong dollar issuance stays hot, while Middle East names add to a steady run in private placements
-
◆ German bank's first sterling senior note in almost four years ◆ Premium paid ◆ Valuations 'quite squeezed' in wider sterling market
-
◆ UK ports operator extends sterling run ◆ Orderbook remains sticky despite tighter spread ◆ Negative new issue premium
