SSA secondary pricing update: Brandenburg and EIB trade wider after pricing tight

By Burhan Khadbai
26 Jan 2021

Trading levels given are bid-side spreads versus mid-swaps and/or an underlying benchmark and bid-yields from the close of business on Monday, January 25. The source for secondary trading levels is ICE Data Services.

The State of Brandenburg's new €500m 25 year bond and the European Investment Bank's new €1bn 30 year Ecoop are both trading wider in the secondary market after pricing through their secondary curves last week.

Brandenburg's aggressive level led to its deal being undersubscribed, according to a banker at ...

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