Cash rich investors lap up SSA paper despite tight pricing

By Tessa Wilkie
16 Apr 2014

Investors snapped up a pair of tightly priced benchmarks from public sector issuers this week — setting up for promising issuance conditions when their funding officials return to the office after the Easter break.

Next week could be a good opportunity for borrowers to get funding done before the summer break, SSA bankers said.

“For issuers looking at next week, all should be well,” a head of SSA syndicate said. “The tone has been strong for weeks, and we haven’t had any mishaps to ...

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