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All as expected by the market, but lack of more details regarding bill issuance somewhat disappoints
◆ Sovereign back in euros, alternating from dollars in 2025 ◆ “Very low double digit” spread over Germany ◆ Sweden, KfW key comps
Likely successor as UK prime minister Andy Burnham further to the political 'left than anyone else’ but market hopeful that scope for more borrowing is limited
Fiscal targets for 2026 already met, more early debt repayments underway
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Sustainability-linked bonds make a powerful statement about government’s ambition -
Sovereign cruises through difficult week in the markets
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Germany, Rentenbank and EIB mandate for deals despite Ukraine invasion shockwaves
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Germany will use money markets and accounting to more than double 2022 deficit
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LatAm nation eyes new ESG frontier in sovereign debt
