Swedish Export Credit Corporation
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The European Investment Bank kicked off post-summer jumbo dollar issuance on Tuesday with a well-received five year deal, as another issuer jumped in with a shorter dated mandate.
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Pricing rather than size was the focus for public sector borrowers in the dollar market this week, although overly aggressive pricing was not the reason for one issuer having to pull back from bringing a tap issue.
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Swedish Export Credit Corporation (SEK) has cancelled plans to sell a tap of its January 2019 global floating rate notes on Tuesday, due to a problem with the documentation for the reopening.
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A pair of public sector borrowers mandated banks on Monday to run small taps of dollar bonds, a theme that SSA bankers expect to run for the next few weeks.
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Find out how far Nordic agencies have progressed with their funding targets for the year.
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The short end of the dollar curve is enjoying a purple patch, with public sector borrowers drawing big books and pricing with much lower new issue premiums than earlier in the year.
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The scorecard this week looks at the funding progress of Nordic agencies.
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This week's scorecard looks at the funding progress of Nordic agencies.
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This week's scorecard looks at the funding progress of Scandinavian agencies
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This week's scorecard looks at Scandinavian agencies and their targets for 2016.
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Two dollar issuers printed without tightening from initial price thoughts on Wednesday, with one opting for a benchmark and the other tapping central bank demand for floaters.