Norway ticks all the boxes with bumper book
It was third time lucky for Norway this week as it rocketed to a Nkr65bn ($7.0bn) order book with its third syndication. There was a marked increase in real money participation, meeting one of the Norges Bank’s main aims for its syndication programme.
“It feels like investors are getting accustomed to the process of syndicated NGBs, and order books have grown steadily since the first syndication in 2018,” said a banker at one of the leads.“We attracted more investors than last year, and a larger share of real money investors,” said ...
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