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The sovereign returned with a sizeable structured note
Investors seek structured and vanilla FRNs from credit and SSA issuers amid sharp rate fluctuations
Peace agreement will be needed to restore normal enthusiasm
Higher dollar yields dampen some of the callable demand
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A cost saving measure from the French government could mean that the French sub-sovereign debt market could be unrecognisable in a few years.
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Mariam Abraham, a medium term note and private placement dealer at Rabobank International in London, left the bank last week, GlobalCapital understands.
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France’s Région Bretagne has revisited the medium term note market following its debut in the format last week. The deal comes at a time of uncertainty for many regions in France as the government redraws the country’s administrative map. -
MTN issuance in Africa could be set for a boom over the next six to 12 months, as dealers receive an increasing number of reverse enquiries.
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France's Région Bretagne printed its first ever medium term note on Wednesday, in a move to diversify its investor base and achieve more competitive terms on its debt.
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Finnish export credit agency Finnvera priced a third and last issue of the year on Thursday, with what is only its second deal in euros.
