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◆ Germany taps 2056s for second time this year, taking €4bn ◆ Spread was fixed from the start, rare for the issuer ◆ ‘Very, very flat’ 2054-2056 roll was key to the decision
Summer is 'slowly but surely' ending with large issuers putting demand to test
'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
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Indonesia is pressing ahead with its plans to become a hub for Islamic finance in Asia, despite the difficulties surrounding its debut issue of Shariah-compliant bonds last month.
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The feel-good factor held together this week as spreads continued to tighten and investors displayed a hearty appetite for euro denominated sovereign, supranational and agency product.
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