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Dutch agency prints new five year in volatile week for rates and commodities
◆ Issuer's second dollar bond in 2026 ◆ NWB’s deal from previous day was 'very helpful' ◆ Pricing was 1bp apart, perfectly normal
Safe haven status draws offshore names to Swiss francs
A handful of large new listings have emerged from South Africa, Kenya and Angola and more are set to follow
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Markets may not be shut for too long, and African sovereigns have managed debt well -
Sovereign pays at least 25bp of concession but points to healthy demand after broader spread widening
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The dollar market is going to be an unreliable friend for some time
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Sovereign bonds have suffered a brutal eight days, like other emerging markets
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◆ Paper is a 'must buy' for some accounts ◆ Pricing breaks trend and tightens 3bp ◆ Orders total over €40bn
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AfDB's hybrid is main comparable for pricing CAF's benchmark dollar debut but roadshow feedback also holds key
