Joint Laender prints 10 year at record spread
Seven German regions enjoyed super tight pricing versus swaps when clubbing together for a Joint Laender deal this week. The issuers priced a no-grow €1bn September 2024 on Wednesday morning at the tightest spread to Bunds for a Joint Laender deal in more than seven years — and the tightest ever spread over mid-swaps for a 10 year.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article: