SSA dollar borrowers keep blistering pace

By Lewis McLellan
10 Oct 2019

A scorching week in the dollar market provided some $18.5bn of funding from issuers across the SSA spectrum. Maturities from three to 30 years were accessed, and each deal enjoyed strong demand and well-filled books.

The glut of supply comes thanks to a quite quiet September. “The market is pretty strong at the moment, and issuers are keen to get their last benchmarks done,” said an SSA DCM banker. “September was unusually quiet, so we are seeing some of that delayed supply feed ...

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