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Sovereigns

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SSA
'Everyone is ready for summer to be over' as SSA wave builds for Monday
SSA
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
SSA
Uncertainty looms large as presidential race far from clear and budget negotiations potentially ‘highly challenging’
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  • SSA
    The Kangaroo market’s renaissance appeared relentless this week as yet more issuers added to sovereign supranational and agency supply in the sector. The African Development Bank resumed its Kangaroo programme after a 14 month break and KfW snatched the opportunity to tap its 2022s on the back of stellar secondary market performance.
  • SSA
    The Asian Development Bank took advantage of buoyant funding conditions in dollars this week to sell a seven year bond at the tightest print versus mid-swaps that an issuer in the sovereign, supranational and agency sector has achieved in four years. Council of Europe and the European Bank for Reconstruction & Development also cashed in on the strong market and sold opportunistic non-benchmarks.
  • SSA
    Rating: Aaa/AAA/AAA
  • SSA
    Rating: A3/A/A
  • SSA
    Rating: Aaa/AAA/AAA
  • SSA
    Rating: Aaa/AAA/AAA