Dollars offer SSAs refuge from euro troubles
The dollar market looks a haven for supranational and agency issuers compared with the beleaguered euro sector, although bankers warn that international investors are increasingly concerned about European agencies after the week’s fallout in European peripheral sovereigns.
Few European issuers are scheduled to issue dollars although Instituto de Crédito Oficial (ICO) is planning a dollar bond, Cades is said to be eyeing possibilities and the Bank of England is preparing its annual visit to the dollar market in March.
Council of Europe Development Bank (CEB) may
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