SSA secondary pricing update: Land NRW bucks trend and performs

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By Burhan Khadbai, Lewis McLellan
24 Mar 2020

Trading levels given are bid-side spreads versus mid-swaps and/or an underlying benchmark and bid-yields from the close of business on Monday, March 23. The source for secondary trading levels is ICE Data Services.

The few SSA benchmarks that have made it to the market in spite of the coronavirus volatility have been battered by swings in underlying rates.

The exception was Land NRW's tap of a three year benchmark from March 19. The trade tightened versus swaps and Bunds and on an ...

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