SSA funding stutters as ECB rally shatters pricing plans
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SSA funding stutters as ECB rally shatters pricing plans

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Public sector borrowers will feel the pressure in February to catch up on funding after the European Central Bank all but stopped new issuance at the end of January — SSAs’ busiest month of the year. The announcement of quantitative easing caused bond yields to tumble and left issuers and bankers puzzled over where they could price a new benchmark.

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