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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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‘Resilient’ public sector stands ready to get back in action with dollar and euro deals -
Focusing on absolute emissions is a big plus, said one observer
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Shift to shorter Gilts as UK gets ready to borrow £304bn in 2025-26
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◆ Arbitrage attracts Belgium to dollars again ◆ No book updates ‘a little surprising’ and ‘a red flag’ ◆ Investors expected more spread
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Borrowing task is second largest ever after Covid response
