Top section
Top section
Deal liberates capital and tempts investors to take new frontier market risk
◆ First dollar benchmark from World Bank since October 2025 ◆ 'Remarkable' size and spread achieved ◆ IDA jumps through hoops to issue SEC exempt deal
◆ CEB lands tight to Treasuries ◆ 4% coupon lures some buyers ◆ Cades orders above $13bn
Data
More articles/Bonc comments/Ad
More articles/Bonc comments/Ad
More articles
-
The Belgian region of Wallonia was the only public sector borrower to the follow Tuesday’s jumbo dual tranche by the European Union in the primary market on Wednesday as it raised €1bn with a new long 10 year conventional bond. -
Following the pricing of Tuesday’s deal from the European Union, bank traders reported good profit taking in covered bonds, Laender paper and, most conspicuously the previous issue of EU bonds. Despite that, spreads were steady.
-
The European Union kept the strong momentum going for its second Next Generation EU (NGEU) transaction on Tuesday, although it did surprise some market participants by limiting the size of the dual tranche sale from the outset.
-
Finely tuned pricing was the order of the primary market last week, with a drop in volatility leading to a decline in average movements from initial price thoughts. But despite the VIX falling to its lowest level since February 2020, there were still signs of price sensitivity — and average new issue concessions grew in the most affected markets.
-
Trading levels given are bid-side spreads versus mid-swaps and/or an underlying benchmark and bid-yields from the close of busiess on Monday, June 28. The source for secondary trading levels is ICE Data Services
-
The Government of Mongolia made a strong return to the debt market this week for a $1bn bond, marking the country's second dollar trade in 10 months as it tackles some upcoming maturities.
Sub-sections
-
Sponsored by Islamic Development Bank (IsDB)
Sukuk market’s next chapter: Financing the future, sustainably
-
Sponsored by CAF – Development Bank of Latin America and the Caribbean
CAF gearing up to transform regional development
-
Sponsored by European Investment Bank
European Investment Bank: Supporting sustainable development in North Africa
-
Comment