Supras dump January blues to enjoy enviable conditions

Supranational issuers have left a difficult start to the year firmly behind them, with funding opportunities now available in a range of tenors and currencies. A more benign interest rate outlook in the US compared with the start of the year, along with increased interest from the enormous US investor base, are opening up avenues in dollars. In euros, despite record low and in many cases negative yields, funding opportunities exist across much of the curve.