January 17, 2025 10:21 GMT
CREDIT SUPPLY: €IG Primary Tracker
CREDIT SUPPLY
- EUR 21.8bn priced between Mon-Thurs across 33 tranches from 30 issuers.
- Note that today’s supply will not be included in our tracking until next week.
- Books were strong at an average cover of 4.2x; the average book shrank by 18%.
- Aggregate NICs remain miniscule with our average measure returning to negative territory while the median remained at zero.
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