The sovereigns, supranational and agency market poured into dollars on Monday with two issuers announcing price thoughts for deals and a third potentially due on screens after investor meetings.
France’s SFIL is taking indications of interest on a three year benchmark, while KfW is out with a two year benchmark trade.
Tokyo Metropolitan Government has mandated for a potential dollar or euro deal.
“Demand is still strong in dollars,” said a syndicate banker with an active deal. “Not everyone