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Top section
UK government can find direction by being determined on defence and green growth
Smaller orders, missing hedge fund bids as market exits ‘white-hot’ phase and soon to switch to holiday mode
◆ State’s pre-summer deal attracts €2bn book ◆ Maybe only one more deal to come on reduced needs ◆ 2bp NIP to start as issuer tries to ‘be fair to the market’
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◆ A longer maturity to stand apart ◆ Treasury diversificaiton bid ◆ Structured note investors
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The sovereign returned with a sizeable structured note
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◆ Wider optically, tighter underneath ◆ High quality from outset ◆ Pragmaticism on last basis point
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◆ New sterling line, not headlines ◆ When the numbers finally work ◆ Three pillars hold the book
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◆ Busy couple of weeks the Spanish public sector ◆ Madrid, Andalucia also printed, Basque next ◆ 1bp of NIP paid on slightly softer day
Sub-sections
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Sponsored by Islamic Development Bank (IsDB)
Sukuk market’s next chapter: Financing the future, sustainably
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Sponsored by CAF – Development Bank of Latin America and the Caribbean
CAF gearing up to transform regional development
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Sponsored by European Investment Bank
European Investment Bank: Supporting sustainable development in North Africa
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