Agencies dip toes in constructive dollar market

By Frank Jackman
07 Apr 2020

A trio of agencies hit screens with dollar deals on Tuesday. Bank Nederlandse Gemeenten and CDP Financial tapped the three year part of the curve, while the Ontario Teachers’ Finance Trust reopened a five year market that had been shuttered by coronavirus-related volatility.

“The market is pretty constructive right now,” said an SSA banker. “Now that the market is open, I expect more deals to follow. People have funding needs so we'll see more deals."

BNG mandated Bank of America, Barclays, Goldman Sachs and RBC Capital Markets ...

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