SSAs fly in euros from five to 100 years

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By Burhan Khadbai
08 Jan 2020

Investors piled into the euro public sector bond market on Wednesday, allowing borrowers to achieve well subscribed order books and minimal new issue concessions for a range of maturities.

Despite a turbulent political backdrop, borrowers are finding they can raise large amounts of cash without offering investors much in the way of concession. “Everybody is ignoring what is going on with the US and Iran,” said an SSA syndicate banker. “There's no ‘fear premium’ with issuers pricing ...

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