Gaggle of SSAs favour themed bonds
Thursday’s market was heaving with SSAs printing euro deals, many of them opting for themed deals, some of which are specifically addressing the coronavirus outbreak, with bankers suggesting that these are enjoying the hottest demand.
Council of Europe Development Bank printed a €1bn Covid-19 social inclusion bond on Thusday. Crédit Agricole, Citi, DZ Bank and HSBC ran the books. The spread was set at mid-swaps plus 11bp, 4bp inside guidance of 15bp area.The proceeds will be lent to ...
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