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Cracks emerge in underlying quality as banks appear to teeter further into cautiousness
Issuer has set the stage for peers to return to public market
The sovereign priced inside paper of similar maturity from Brazil and Colombia
Data
More articles
More articles
More articles
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Wednesday’s Siemens Healthineers selldown was multiple times oversubscribed -
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The spread over the sovereign could be as little as 10bp-15bp
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Limiting the trade to $500m meant the issuer could get inside fair value
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The country plans to issue more in 2025 than the past few years, doing half the target on Tuesday
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Damac boosted the size to $750m from earlier guidance of $600m
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