Issuance plans tentative ahead of Fed's B-Day

A small number of issuers remain open to the possibility of new benchmark deals - despite the weak sentiment in markets - as all eyes are focussed on the FOMC meeting next week to assess what levels of Quantitative Easing the Federal Reserve's chairman, Ben Bernanke, is willing to provide. But talk of a market access crisis is premature, said bankers, given SSA borrowers are flush with cash having front-loaded issuance programmes.