Weekly Covers
-
EM's performance during global uncertainty has been 'astonishing', said one investor -
◆ German supermarket chain brings three and seven year bonds ◆ Books keep growing even with guidance flat to fair value ◆ Volumes tipped to nosedive after this week
-
◆ Largest deal and book sizes ◆ Strong demand for German SSAs ◆ Fairly priced after 2bp tightening
-
Dollar 2030s have rallied since the Kazakh bank's March print
-
◆ Thames Tideway Tunnel brings rare blue bond… ◆ …and a rare IG corporate sterling bond ◆ Deal lands with single digit concession
-
◆ 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
-
The Turkish sovereign sold a $2.5bn sukuk on Tuesday, paying no concession
-
◆ Deal much more popular than issuer’s last ◆ Better tone, improved backdrop ◆ Extra 3bp ‘made a big difference’
-
◆ Snam prints debut European Green Bond ◆ Heimstaden Bostad brings its first green note ◆ Both deals attract big books at tight spreads
-
Demand let A rated sovereign cut spread by 35bp
-
◆ Hybrids and Reverse Yankees on offer ◆ Market waiting for Iran's response to US strikes ◆ New issue concessions still in single digits
-
Slovenia will be the first European sovereign to issue an SLB
