And they’re off! SSA issuance heats up after slow start

Any fears that the traditional sovereign, supranational and agency funding bonanza in the first week of a new year would be marred by a sharp rates rally, an upcoming Greek election and the prospect of the European Central Bank unveiling a programme of sovereign bond buying later this month have been eased. After a worryingly quiet beginning to the week six borrowers opened books on benchmarks on Wednesday morning.