Dollars red-hot as ADB hits $4bn, but long end out of reach
The dollar market has enjoyed yet another strong week, with one issuer breaking its size record and another pair matching their own. SSA bankers are readying themselves for a busy May in the currency. But despite issuers keen to push out the curve, it looks like 10 year benchmarks are off the table.
All this week’s deals were in the three to five year part of the curve, in keeping with most of this year. Issuers are keen to go longer, according to a head of SSA DCM, but “it doesn’t feel like the demand is there at the moment”.Additionally, ...
Please take a trial or subscribe to access this content.
Contact our subscriptions team to discuss your access: email@example.com