Supras and agencies notch big wins despite unrest

missiles
By Lewis McLellan
09 Jan 2020

The public sector debt market has had a superb start to 2020, breaking records right and left in defiance of geopolitical tensions that, in previous years, would have scuppered the market as it left the dock, writes Lewis McLellan.

Right in the middle of what is traditionally one of the most important issuance weeks for sovereign, supranational and agency borrowers, Iran fired off missiles into US military bases in Iraq, in retaliation to the US’s assassination of Iranian general Qasem Soleimani.

When the US market opened, 10 ...

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