Ontario shines in dollars
Dollar issuance by the sovereign, supranational and agency community remained at a low ebb this week, despite positive economic news from the US and a generally issuer friendly market backdrop.
The Province of Ontario was the only candidate to take the plunge, issuing a highly successful $2bn 10 year global bond, kicking off the borrowers 2010-2011 fiscal year, which started on April 1.
The supply calendar remains light in the near term with only International Finance Corp definitely due ...Already a subscriber? Login