NWB and Renten set markers in euros
Nederlandse Waterschapsbank brought some supply to the sparse long end of the SRI market on Tuesday, printing a trade that alongside Rentenbank was part of a strong re-emergence of euro supply after the summer.
“There’s a little bit of pent-up demand and the market seems undersupplied,” said an SSA syndicate official. “Even market making desks seem to be low on inventory.”
More euro deals are on the way, with Unédic mandating for a trade to be priced on Wednesday and the European
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