SSA pipeline builds as ECB goes dovish

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By Craig McGlashan
07 Mar 2019

The European Central Bank struck a decidedly dovish tone at its meeting on Thursday, meaning there were no nasty surprises for SSAs planning bond issues in the coming days. A French agency is on screens for a deal in dollars this Friday, while euro and dollar benchmarks are slated for next week.

ECB president Mario Draghi said on Thursday that the bank would hold rates “at least through the end of 2019”, a shift from the previous few meetings where rates were to be held “at least through the summer of 2019”. Draghi also announced a new round of ...

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