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All as expected by the market, but lack of more details regarding bill issuance somewhat disappoints
◆ Too sensitive to push spread ◆ Value against peers estimated ◆ 'Tight, but no surprise'
When reserve managers switched from Treasuries to other public sector bonds, they meant it
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Scope warns country is ‘heading towards difficult budgetary trade-offs’ with increased defence spending -
◆ Not covered but not uncommon ◆ Prices around 2bp through fixed rate curve ◆ More German state supply expected
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Market fed more information on Germany's defence and infrastructure spending
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Investors keen on duration as Thermo Fisher and Pfandbriefzentrale also go longer
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Swap spreads test new tights on fiscal expansion concerns as issuers turn to dollars
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Citi, HSBC, Morgan Stanley and RBC will pay fines, Deutsche gained immunity
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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