Mixed results for SSAs in super-tight dollars

Dollars_US_Fotolia_230x150
By Lewis McLellan
12 Oct 2017

While the dollar market produced one of its strongest deals of the year on Wednesday, another deal enjoyed markedly less success on the day, indicating that investors’ tolerance for tight levels may be becoming stretched.

The European Investment Bank attracted the largest book for an SSA dollar deal this year, booking $7.8bn of demand for its $3bn five year. The bond won that popularity despite being priced with an 8bp over mid-swaps spread, among the very tightest for the tenor. Only a deal from Export ...

Please take a trial or subscribe to access this content.

Contact our subscriptions team to discuss your access: subs@globalcapital.com

Or sign up for a trial to gain full access to the entire site for a limited period.

Free Trial

Corporate access

To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: subs@globalcapital.com or find out more online here.