Tight spreads in dollars starting to cool investors’ appetite

By Lewis McLellan
24 Aug 2017

The SSA market leapt into life this week with multiple benchmarks hitting screens. While the backdrop was supportive, the narrow pick-up offered over US Treasuries appeared to be stunting demand.

The two centrepiece benchmarks of the week, kickstarting the market after the summer lull, came from two of the sector’s biggest names. KfW printed $4bn with a two year note on Wednesday, coming on the heels of a ...

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