SSAs look to finish 2020 in MTNs

By Frank Jackman
12 Nov 2020

Issuers are winding down their funding programmes before the end of the year and several smaller SSAs have turned to MTNs to complete the little they have left to do. The big deals of the week, however, came from corporates, with Volkswagen and Eurogrid coming in at opposite ends of the curve.

“The smaller regions and sub-sovereigns have balancing amounts to finish before next year,” said one MTN banker. “They’re looking for more modest sizes, so the MTN market will likely be involved.”

“The market is there and ...

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