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Bankers expect another quiet week or two unless sovereigns dip into the market
Bond specialists sceptical that auctions can yield better results than bookbuilding
Inflows so far in 2026 are nearly a quarter of all of last year's figure
Data
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Sovereign priced another PP also printed this week as it diversifies investor base
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Volumes will pick up, say bankers, but volatility will never be far away
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Sovereign’s debt has traded at distressed levels this year but bonds have rallied
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A test case for calling subordinated debt is about to be heard in the court of the capital markets
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New bond volumes surged from 2022, but are still far lower than in previous years
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Private placements can offer advantages to issuers that put in the work and give up the limelight
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