EU sounds out banks for first SURE deal of 2021

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By Burhan Khadbai
18 Jan 2021

The European Union has sent banks a request for proposals for its first bond of the year under its Support to Mitigate Unemployment Risks in an Emergency (SURE) funding programme.

An RFP was sent to banks on Friday afternoon, but the deal is unlikely to hit screens until next week, according to bankers.

“From a market perspective, everything continues to look very conducive,” said a head of SSA DCM.

“We’re in a very constructive market. But looking ...

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