Nomura
-
The Inter-American Development Bank highlighted the depth of demand in a resurgent dollar market by printing the largest benchmark in the currency in over a month — with KfW next up to test the dollar’s depth.
-
Portugal is lining up for its first test of the syndication market since the European Central Bank announced its latest round of monetary easing measures a month ago — measures that have had less effect on Portugal than its periphery peers. -
The Inter-American Development Bank made an early claim on Monday for a spot in this week’s dollar issuance, in what its leads said was a move to ensure it did not add its name to a growing trend for SSA deal clashes.
-
A quartet of SSA issuers printed Kangaroo bonds this week, helping push Kangaroo bond volume for March to a monthly level not seen in a year.
-
Ireland used a private placement to sell its first ever 100 year note, the country’s National Treasury Management Agency said on Wednesday.
-
Kia Motors Corp is ready to hit the road for a 144A/Reg S bond that could come to the market as early as mid April.
-
Will euros or dollars dominate SSA bond issuance in the second quarter? Debate over the direction of primary markets broke out this week with issuers scheming arbitrage trades in euros, while others believe the dollars will win out. Craig McGlashan reports.
-
-
Covered bond primary activity slowed this week with just two €500m seven year trades emerging from banks in the Netherlands and Italy.
-
A trio of issuers in euros joined the sole dollar SSA benchmark deal this week in a flurry of pre-holiday activity, with a banker away from the this week's action remarking that the terrorist attacks in Belgium were likely to have a limited effect on SSA deals.
-
Unédic and the European Stability Mechanism nipped in ahead of the Easter holiday to print euro benchmarks, in seven and 20 year tenors, respectively.
-
Nomura has hired eight bankers for its newly established branch office in South Africa.
