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Lithuania will raise more in international markets this year than ever before
◆ A 'busy and interesting' session as duration arrives ◆ New issue premium varied by tranche ◆ Longer note likely attracted different investors
◆ Near-record book of ‘exceptional’ quality ◆ Ten year tenor, fixed income inflows help demand
Primary market unruffled, but EFSF and EU to test sentiment next week
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An €800bn defence package was unveiled ahead Thursday's special defence summit
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Scope warns country is ‘heading towards difficult budgetary trade-offs’ with increased defence spending
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Market fed more information on Germany's defence and infrastructure spending
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Swap spreads test new tights on fiscal expansion concerns as issuers turn to dollars
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Sovereign expected to pass its first rating test in 2025 with four more to come before early April
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Backers believe new international bank for Nato members could be established fast and make long term loans to governments and companies