SSAs keep MTN market buoyant through blackouts

By Frank Jackman
21 Apr 2021

The MTN market’s increasing focus on SSA issuance over the last year will ensure a steady flow of deals through the upcoming bank reporting season.

“Over the last 12-18 months, the MTN market has become much more SSA-skewed than ever before,” said an MTN banker.

Last year, sovereign, supranational and agency paper made up 51% of MTN deals, a rise from 44% in 2019, according to data from Dealogic.

Its share is ...

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