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Inaugural government deal could come in late 2026 or early 2027
◆ New 20 year Bund launched into popular demand ◆ Is 20 years the new 30 years for EGBs? ◆ Fair value in debate
German sovereign goes for conventional over green as smaller peers join a crowded Tuesday
issuer identifies 'most important' syndication metric amid rising international interest
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Curve underperformed but ‘there is demand at these wider levels’
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More steepening expected for both govvie and swap curves for rest of 2025 as crucial date for Dutch pension reform draws near
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Large new issue premiums 'not needed' as secondary spreads keep tightening
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Sovereign aspires to stay active in euro market to fund foreign reserves and set benchmark for Icelandic issuers
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Plans for trades in niche currencies are on hold until 2026
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UK govvie sold off and curve bear-flattened as Bank of England cuts rate in dramatic fashion