European sovereigns leap at market window

12 Mar 2010

Peripheral European sovereigns lunged at the market this week, in sought-after deals that showed investors are not afraid of government debt.

Slovenia tapped the market for Eu1bn on Monday (March 8) in a deal that was swiftly executed after Greece’s 10 year bond of the previous week swam, rather than sank.

Romania, Israel and Turkey, all keen to capitalise on strong market tone, followed on Thursday (March 11).

The bond ...

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