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GC Asia
PMM: SSA subscription levels rise compared to 2020
As the first quarter draws to a close, Primary Market Monitor investigates how issuance conditions have changed for SSA and corporate borrowers since the coronavirus pandemic first struck, with notably more demand for high grade paper.
Subscription levels in the SSA market have been consistent over the quarter but are up on the same period in 2020. The average subscription ratio on new SSA bonds has been between four and five times the deal size in the last few weeks. It reached 4.7 times
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Latest news from SSA
-
UK picks banks for first syndication of 2021/22 financial year
16 Apr 2021 -
IADB USD4.25bn 0.875% Apr 26
16 Apr 2021 -
Land NRW USD1.75bn 1% Apr 26
16 Apr 2021 -
No such thing as a temporary safe asset
15 Apr 2021 -
Spain EUR6bn 0.85% Jul 37
15 Apr 2021
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