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New EU deal and year's final sovereign syndications move into focus amid continued yield sell-offs
‘Very important transaction’ for the DMO in meeting investor needs where they are, says debt chief
Month-end buying from investors in secondary market to determine backdrop for next wave of issuance
‘Pragmatic’ approach from borrowers set to benefit upcoming wall of issuance
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France and Denmark have increased the size of their annual funding programmes as a result of the coronavirus pandemic, with the former making the third upward revision to its borrowing needs in as many months.
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A deluge of euro paper hit the SSA bond market this week as issuers flocked to the market to take advantage of the surge in confidence after the European Central Bank expanded its Pandemic Emergency Purchase Programme (PEPP) last week. But the strain is showing in the secondary market.
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