SSAs queue up for post-Powell dollar rush

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By Lewis McLellan
23 Feb 2021

SSA borrowers are poised to leap into action after Federal Reserve chair Jerome Powell’s address to the Senate Banking Committee on Tuesday afternoon.

Asian Development Bank has selected JP Morgan, Nomura, RBC Capital Markets and TD Securities to run the books for a 10 year global bond. The leads have set initial price thoughts at 12bp area.

Two factors are keeping issuers from accessing the market on Tuesday. The first is ...

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