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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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French agency Unédic is looking to set a trend with its new medium term note format to replace its BMTN programme as the chosen vehicle for one to six year debt
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Central bank policies are diverging like never before, with the European Central Bank and Bank of Japan setting deeply negative rates — and the BoJ attempting to influence the longer end of the curve — while the US Federal Reserve is on a rate rising path. That dynamic throws up opportunities and challenges for public sector borrowers, writes Craig McGlashan.
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The volatility of the Mexican peso is causing investors to keep away from long term debt in the currency.
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A former Bank of America Merrill Lynch vice president has joined Nomura's MTN team.
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KfW this week added its name to a run of offshore renminbi issuers over the last few weeks, with investors appearing to be keen for paper that can offer a yield of over 3%.
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KfW has printed a large MTN in Norwegian kroner, as bankers reported an uptick in international investors betting on a rise in the currency.