ESM tipped for success with benchmark debut
The European Stability Mechanism is preparing to sell its first benchmark next week, one year after it was inaugurated. Despite wobbles in Europe’s periphery this week and the US government shutdown looming over markets, sovereign, supranational and agency bankers predicted a large and oversubscribed deal for the issuer.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
- ✔ 4,000 annual insights
- ✔ 700+ notes and long-form analyses
- ✔ 4 capital markets databases
- ✔ Daily newsletters across markets and asset classes
- ✔ 2 weekly podcasts
