BNG keeps options open ahead of central bank meetings
After issuing its biggest ever bond last week, Bank Nederlandse Gemeenten will wait until after the highly anticipated US Federal Reserve and European Central Bank meetings later this month before deciding what to do about its next benchmark new issue.
“I can’t say exactly what our next trade is going to be,” said Bart van Dooren, head of funding and investor relations at BNG. “It’s really hard to manoeuvre around the Fed and ECB meetings in September.”“With an average maturity of 7.1 years, we have the flexibility ...
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