Currencies
-
Spanish and French agencies also took advantage of a narrow pricing window
-
Money moving out of longer maturities means issuers likely to prefer ultra-defensive deals
-
Market sentiment deteriorates but positive mood after the FOMC may unleash unsecured issuance on Thursday
-
Central bank expected to end seven years of negative rates on Thursday
-
Sofr FRN, Canadian dollar benchmark, and green or social bonds are on the table in the issuer's new financial year
-
High ratings and market-friendly maturities give bond issuers smooth ride
-
Investors demand high concession for low rated, cyclical, energy-hungry industry
-
Strong demand for euros in primary SSA market extends
-
Larger banks’ senior bonds are in demand though smaller FIG issuers fill pipeline
-
Lower reset spreads on outstanding debt weigh on Danish firm’s curve
-
French bank pays up for sterling diversification
-
The developer is working on a simultaneous offshore and onshore debt restructuring