EUR New Issues: EU €7bn long 15y; Germany 10y Green

Tap water liquidity 10 Jun 2021
Large supply hitting the market today sees EU pricing €7bn long 15y and Germany 10y Green.

Start a free trial to read this article

Join today to access all  Total Derivatives content and breaking news. Already a subscriber? Please Log In to continue reading.

Or contact our Sales Team to discuss subscription options.

Get in Touch
Blurred image of Total Derivatives article content


New issues

  • NN Group is pricing EUR 20.5y NC10.5 Green Tier 2 around swaps +340bps through BNPP, DB, HSBC, ING, JPM and Natixis.

  • European Union is pricing €7bn long 15y at swaps +32bps through Barclays, Citi (B&D), CA, Natixis and Santander. Latest order book reported to be above €55bn.

  • Germany is pricing EUR 10y Green at Bunds -0.5bp through Barclays, BofA, Commerzbank, CA (B&D), Danske and NatWest. Latest order book size reported to be around €13bn.

  • Volkswagen Bank is pricing EUR SNP short 3y around swaps +100bps, 5y around +145bps and 8y around +175bps. Leads are BofA, CA IMI, Santander and UniCredit (B&D).

  • Sika Capital AG is pricing EUR 1.5y FRN around 3mE +50bps, 3.5y around swaps +70bps and 7y around +110bps. Leads are Citi (B&D), HSBC and UBS.

  • Raiffeisen Schweiz is pricing €500m (max) 5.5y SNP around swaps +180bps through BNPP, CS, DB, MS and UBS (B&D).

  • SCBC is pricing EUR 5y Swedish Covered bond around swaps +22bps through BNPP, Citi, Danske, Deka and HSBC.


  • Berlin plans a EUR 5y through BayernLB, Citi, Deka, DB and LBBW.


  • Cheplapharm is preparing a €250m (min) 7y NC3 FRN and €250m (min) 7y NC3 fixed secured bonds. Leads are Barclays, Citi, Commerzbank, DB, GS, ING, JPM (B&D) and UniCredit. 


  • La Banque Postale plans a EUR 5y at around swaps +105bps via BNPP, Citi, JPM, LBP, NatWest and Santander.