October 17, 2024 09:20 GMT
CREDIT SUPPLY: €IG Primary Tracker
CREDIT SUPPLY
- Low supply week; EUR 5.5bn across ten deals from eight issuers (34th out of 41 weeks YTD by volume).
- 9th strongest aggregate cover of the year at 3.9x vs. the YTD figure of 3.2x.
- Lowest NICs since we started recording them in mid-May across out average/median and trimmed mean metrics. Louis Dreyfus leaving 25bp on the table held the average to -2bp though the median/trimmed mean figures show levels closer to -5bp.
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