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Being ‘flexible and fast’ proves key for public sector issuers amid uncertain market backdrop
‘A strong focus on a fast execution process’ aimed to minimise uncertainty and volatility, says sovereign’s funding head
◆ Combined book one of the sovereign’s largest ◆ Swap spread volatility observed overnight ◆ Issuer ‘did well not to stretch’ the pricing
UK government has a £4.9bn higher net financing requirement
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Subdued SSA dollar market is also getting a boost
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Sovereign to further its commitment to euro commercial paper
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Deal pipeline quietly building in undersupplied market
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Deal turned out larger than some had expected
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‘Rare occurrence’ where both issuers and investors are happy — but how long will it last?
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‘All stars aligned’ for the sovereign to serve up third deal of 2024