Stars align in euros for clutch of SSAs

16 Mar 2012

The euro sector has been a fruitful hunting ground for sovereign, supranational and agency issuers this week at all parts of the curve as investors regained confidence in the Eurozone following the Greek debt swap and the liquidity injected by the European Central Bank through its second long term financing operation.

Deals were oversubscribed and priced inside guidance as customers queued up for paper from a variety of borrowers from the gold-plated triple-A rated Luxembourg with its first deal since May 2010 through to the Autonomous Community of Madrid bringing the first regional Spanish bond since May 2011 (see ...

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