Currencies
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The World Bank group borrower went further along the sterling curve than any other SSA this year
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Issuer was reasonable about pricing but did not stop bankers from worrying about backdrop for future supply
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Investors brush off selling momentum to buy short-dated Swedish paper
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Issuer builds book three times the deal size
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◆ Senior deals beckon if volatility subsides ◆ Hamburger Sparkasse pricing likely to be unaffected by higher rates ◆ Covered bonds more affected by rate swings
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Rare visitor unearthed size across two tranches at a competitive level
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◆ Unsecured issuance to resume from Wednesday ◆ Infrequent and rare issuers fill pipeline ◆ Pre-funding national champions may compete
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New retail government bond sale draws in €4.8bn of demand on first day
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Asset managers avoid new issue, favour more attractive secondary spreads
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Crossover issuer mandates its debut green deal after a brace of SLBs
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Issuers use quiet days to market, aiming to launch later in week
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More covered paper expected in Swissies as euro issuance goes quiet