All material subject to strictly enforced copyright laws. © 2022 Euromoney Institutional Investor PLC group
SSA

Old Lady takes $2bn from investors

The Bank of England — the Old Lady of Threadneedle Street — paid its annual visit to the new issue market on Monday to load up on dollars in what is typically one of the slam dunk deals of the SSA calendar. Initial signs of interest in the trade confirmed what many bankers suspected — that Moody’s downgrade of the UK and the Bank from Aaa to Aa1 would have little to no effect on demand for those issuers’ bonds.

Unlock this article.

The content you are trying to view is exclusive to our subscribers.

To unlock this article:

Take a Free Trial or Login
We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree