A rally in Japanese equity prices on Monday led to a friendlier tone in public bond markets than has been seen in recent weeks. Medium term note bankers fear that will shift attention away from their market.
A difficult start to 2016 has led public markets looking subdued at best. Issuers and investors alike are turning to the private placement market to get deals done.
German Länder yields are expected to fall in the wake of the European Central Bank's announcement that sub-sovereign issuers are to be included in its asset purchase programme.
Latin American development bank CAF (Corporación Andina de Fomento) sold its first ever bond marketed as an SRI deal on Tuesday with a “Water Bond” issued in Uridashi format and denominated in Turkish Lira and South African Rand.