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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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The Export-Import Bank of Korea made a triumphant return to the Euromarkets last night (Thursday), selling Eu750m of five year bonds in its first benchmark sized transaction since last October.
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Korea Development Bank will meet bond investors in early June on a global roadshow, EuroWeek has learned, as it looks to clarify announcements made by the Korean government over its potential privatisation.
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The Philippines may return to the dollar bond market for funding, according to comments made by the country’s finance secretary this week. Margarito Teves said the government was considering increasing its foreign borrowing above the $500m targeted for 2008, although no decision had yet been taken.
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