Weekly Covers
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◆ Sub-benchmark note tightened by 6bp ◆ 14bp reoffer was at or just outside FV, says lead ◆ Order book showed some attrition in 'slightly weaker market'
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New mandate follows S&P outlook upgrade last Friday
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Carmaker prints biggest corporate deal in the currency so far this year
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Development bank's credit ratings suffered a blow after Russia's invasion of Ukraine
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Company in 'no doubt' a public trade would have delivered better pricing
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Project to establish bond-issuing multilateral bank gets under way, aiming to strengthen Nato and allies’ defence capacity and procurement
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◆ Scottish government bonds near ◆ CLOs and private credit ◆ Corporate hybrid debt reaches new tights
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Another defaulter, Argentina, likely to tap market this year
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Books were nearly three times the issue size
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◆ First sterling bond will not be issuer’s last ◆ ‘Element of price discovery’ for inaugural trade ◆ Accessing new markets key to funding bigger needs, says issuer
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LatAm agency brings second digital bond this year in the currency
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New record low spread gap between senior and hybrid bonds