CPPIB, EFSF and EIB light up euro SSA long end

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By Burhan Khadbai
11 Jan 2021

The first public deals of the year in the long end of the euro curve from the supranational and agency sector arrived on Monday, with the trades receiving huge demand and pricing exceptionally tight to secondary levels.

Following the mandate announcement on Friday, leads Bank of America, Barclays, BNP Paribas and Goldman Sachs opened the books on CPPIB Capital’s new 20 year euro benchmark on Monday morning with price guidance of mid-swaps plus 25bp (plus/minus 1bp, will price in range).

At ...

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