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'Everyone is ready for summer to be over' as SSA wave builds for Monday
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’
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The Schuldschein market is having a good crisis. Borrowers from jurisdictions considered unsellable in the public bond markets have found demand via Schuldscheine from German banks and insurance buyers. Brendan Daly reports.
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The Republic of Poland priced a $1.5bn five year bond late on Thursday, its first global dollar benchmark since October 2005 and garnered such strong investor interest that traders speculated a deal in euros may be next.
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Korea Housing Finance Corp introduced itself to international bond investors this week, re-opening Asia’s covered bond market with a $500m deal that is expected to be the first of many from the borrower.
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A Highly successful Eu3.5bn five year bond auction on Thursday sharply improved Spain’s standing in the capital markets.