Weekly Covers

Sovereign's Eurobond began about 40bp back of fair value, said leads

◆ Greek bank's first deal of the year ◆ Issuer took advantage of an empty market ◆ Priced with 5bp-7bp of new issue concession

Why should I expose myself to embarrassment and legal risk?

Lufthansa, Oncor, TP and EWE hold investor calls

◆ German bank lands flat to fair value ◆ Order book closes at over two times covered ◆ Deal NordLB's first in almost a year

◆ Italian oil company prints five and nine year maturities ◆ Longer tranche draws stronger demand ◆ Tight execution keeps premiums in single digits

Concessions have tightened for both capital and senior trades, as technical conditions favour FIG issuers

◆ CEB's Anne Flori on seizing dollar window ◆ Some types of hedge funds welcomed ◆ Sterling, Aussie or Hong Kong dollars all possible

A Saudi real estate issuer is planning a sukuk, the sector's first trade since the Iran war began

◆ AFL's Romain Netter and Maëlien Borel discuss record euro deal ◆ ESG return in 'sweet spot' expected ◆ Callables 'popular' and 'useful tool'

◆ Simultaneous execution with Alphabet's record deal bodes well for others ◆ More FIG names likely to print in near future ◆ Other European banks diversify funding in Singaporean and Australian dollars

World Bank breaks 10 year dollar records while IDA adds another point on euro curve