Some SSA issuers are avoiding Uridashi notes, but dealers say there is no shortage of demand.
“Some SSAs have decreased Uridashi issuance,” said Tobias Landström, deputy head of debt management at Kommuninvest.
Kommuninvest has benefited from the withdrawal of other borrowers. “It’s been a very good year for us in all our strategic markets but particularly in Uridashi,” said Landström. “[The pullback of other