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◆ Priced over Austrian govvies ◆ Scarcity and business model help demand ◆ Saskatchewan targets 10 year
◆ Issuer's second largest book ever ◆ Last benchmark of year ◆ Average NIP has shrunk this year
Some deals struggled to get covered, but overall subscription ratio has been high
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Appetite for long‑dated MTNs firm in quiet summer market, say bankers -
Better read on secondaries would help syndicates price bonds
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Hundreds of billions of euros of joint debt needs to be agreed upon before 2028, but many questions unanswered
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◆ Expectations for ECB rate cut decline ◆ August 18 issuance restart expected ◆ Dollar pipeline builds as Japan SSAs 'cheap'
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◆ Spread tightened through fair value ◆ Dollar investors shrug off yen swings ◆ JFM endures dollar-yen basis move
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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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