Only nuclear winter can stop hot summer for dollars

By Craig McGlashan
10 Aug 2017

The public sector dollar market looks set to enjoy healthy flows for the rest of the summer, with some small deals lined up and geopolitical tensions failing to cause any large disturbances to rates.

FMS Wertmanagement brought a deal on Wednesday amid growing tensions between the US and North Korea that, while slightly undersubscribed, was tightly priced and drew heavy central bank demand.

Barring nuclear Armageddon, more issuers could look to bring deals in the next few weeks.

“We’re expecting a couple ...

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