Weekly Covers

◆ Bromford Flagship gets big response ◆ Gilts market goes haywire as bookbuilding ends ◆ Borrower walks away with four times oversubscription

◆ 'Really good' spread to KfW ◆ More German issuance to come ◆ Two-step tightening but no attrition

◆ French company out for four and 20 year bonds ◆ High demand split evenly between them ◆ Both tranches tighten by 42bp during bookbuilding

◆ New chapter in Greek banks' rehabilitation story ◆ Issuer 'reprices' Greek banks' short end curve due to huge demand from buyers of established FIG debt ◆ Deal reconfirms appetite for higher spread products

Risk of complacency flagged as issuers continue to fund into summer

◆ UK telecom out in sterling and euro ◆ Undersupplied sterling still draws big crowds ◆ Volumes tipped to nosedive from midweek

‘Historically impressive’ pricing achieved as funding for $19bn-$20bn programme begins

Technicals trump geopolitics as investors chase yield and spread

Fresh Nato commitments will test bond market capacity as major issuers reveal funding updates

Supporters believe ‘compelling’ structure can incentivise countries to meet sustainability goals

Nato commitment to ramp up defence spend a boon for defence sector debt chances

EM's performance during global uncertainty has been 'astonishing', said one investor