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National Grid, NatWest and Roche lead a broad mix of issuers this week
'Everyone is ready for summer to be over' as SSA wave builds for Monday
The issuance calendar between now and spring promises rain. Negative carry is the price of staying dry.
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◆ Sovereign gets ahead of uncertainty in H2 ◆ Larger size raised off strong demand ◆ Bigger curve reaction this time neutralised by pricing
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◆ Close to recent Ontario ◆ Fair value estimated ◆ More in pipeline
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◆ Arbitrage for French issuers ◆ Slim premiums paid ◆ Demand 'not endless' but tone 'very constructive'
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◆ Third benchmark as Unédic tackles big funding task ◆ Single-digit spread over OAT paid for 15 year ◆ BNG joins SSA peers in seven year euros, NWB up next
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◆ Sovereign takes home another €13bn syndication ◆ Growing demand for public sector bonds confirmed again ◆ Little new issue premium paid
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◆ Third dollar deal in three years from the Nordic sovereign ◆ 'Ten year is the new five year' in dollars ◆ Recent World Bank bond a key comparable for pricing
Sub-sections
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Sponsored by RBC Capital Markets
Canada’s public sector borrowers on issuance, inflation and international presence
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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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