What EU gonna do now? SSA market debates supersized SURE start

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By Burhan Khadbai
15 Oct 2020

The public sector bond market is alive with debate on one topic: what will the European Union’s highly anticipated debut trade for its colossal Support to Mitigate Unemployment Risks in an Emergency (SURE) funding programme look like? With the deal expected next week, months of questions are about to be answered. Burhan Khadbai reports.

(Siegfried Ruhl, the ESM’s head of funding and investor relations, has been seconded to the European Commission’s budget department this week.)

GlobalCapital understands that the EU sent banks a request for proposals (RFP) last Friday with responses due back on Wednesday. This means the EU is very likely to hit screens ...

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