Sammallahti said it was “not easy to find a clear explanation of the current demand”, given many of Finland’s peers have issued very successful deals in recent weeks. This week France and Spain, and ...

Helaba’s first euro covered deal of 2025 met resistance as some investors felt the note looked too tight compared to SSA paper. As a result, the deal did not attract the rampant demand as recent ...

Belfius’ tighter deal lost half of its peak book despite offering a visible new issue premium. Iccrea, which offered a 20bp higher spread for a bond one year shorter, lost €590m of orders.