Dollar benchmark triple rounds off ‘perfect’ January

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Dollar benchmark triple rounds off ‘perfect’ January

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US Dollars Banknotes Macro Closeup Photo. Yellow-Blue Color Grading. | Tomasz Zajda - Fotolia

A trio of issuers brought deals across the short end of the dollar curve on Wednesday, adding to what one SSA syndicate head described as the “ideal January”. Supply looks to have dimmed for now, with no deals on screen for Thursday and Chinese New Year holidays next week likely to halt benchmark issuance, but bankers believe conditions are so hot that arbitrage deals or floating rate notes could still break through.

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