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Issuers struggle over what concessions investors will require
Issuance in March was never going to be hefty after a record start to the year
Government borrowing costs are rising on local and international markets, and credit ratings are falling
Sovereign also added $300m to a long-dated dollar note
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Supranational issuer finds rousing reception in dollar market while other SSAs struggled in euros -
New issues this week have been priced impressively but some warn underlying conditions are not as robust as advertised
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BBVA Mexico increases size of senior deal after taking biggest oversubscription of the day
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Oversubscriptions are hefty and pricing tight as pace of restarted issuance surprises bankers
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Borrower finds flexibility and investor diversification at no added cost
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A pipeline of sovereigns looking for yen bonds awaits
