Top Section/Bond comments/Ad
Top Section/Bond comments/Ad
Most recent
Analysts discuss the scope of tightening in Bund swap spreads and the impact on SSA spreads
OATs and OLOs could weaken further versus Bunds while southern European countries and EU continue to paint a positive picture
Uncertainty looms large as presidential race far from clear and budget negotiations potentially ‘highly challenging’
Summer in full swing but first two weeks of August not completely off the cards for non-euro deals
More articles/Ad
More articles/Ad
More articles
-
Kommuninvest was the sole agency to attempt a benchmark-sized print in dollars this week, with issuers reluctant to come to market in light of the dispute in the US over the country’s budget and borrowing limit. But the Swedish agency was richly rewarded for its bravery, getting a heavily oversubscribed deal away.
-
Spain's Electricity Deficit Amortisation Fund (FADE) privately placed a trio of taps totalling €950m this week as peripheral issuers enjoyed a strong week of issuance. Fellow Spanish agency Instituto de Crédito Oficial hinted at future dollar and Swiss franc deals.
-
A spate of oversubscribed deals in euros hit the market this week, as investors displayed a depth of demand that surpassed expectations. While holidays and still unresolved debt ceiling negotiations in the US will make a trickier one for issuance, several borrowers are primed to bring deals if conditions work.
-
New Zealand received a strong response to a rare debt syndication this week, sharpening interest in the technique at the country's Debt Management Office which usually uses auctions and tenders. It has only twice before issued debt through syndication.
-
The African Development Bank allocated the vast majority of a debut $500m green bond that it priced this week to specialist sustainable and responsible investment (SRI) funds and institutions.
-
Danish lender Sydbank jumped into a healthy senior unsecured market on Thursday, offering investors 80bp over mid-swaps for three year euro-denominated paper. Elsewhere, Dexia’s long-awaited government guaranteed bond hit screens.
