SSA autumn flood to turn to drought as geopolitics, data drive up volatility

The autumn rush of SSA issuance appears to be over almost as soon as it began. But that may be no bad thing, given the premiums issuers are being asked to pay. After a manic three weeks, which have seen almost $37bn of new benchmark bonds priced by 14 borrowers, only a handful of names remain in the pipeline, writes Ralph Sinclair.