All material subject to strictly enforced copyright laws. © 2021 Euromoney Institutional Investor PLC group
Emerging Markets

FIG engine misfires as Rabobank falls short

The Rabobank 10 year transaction, which the market sees as a crucial test of investor sentiment, will give bankers little comfort this week. Despite Rabobank being of the highest quality, appetite for the bonds was limited in comparison to previous years’ transactions from the borrower. The order book on the transaction was only just over Eu1.5bn for a Eu1.25bn trade and the size was much smaller than 2007’s Eu3bn 10 year, launched in January. To read a full account of the deal and what it means to the wider financial institutions markets, read EuroWeek this week.

Unlock this article.

The content you are trying to view is exclusive to our subscribers.

To unlock this article:

Take a Free Trial or Login
We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree