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Sovereigns

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‘Amazing’ reception for long dated syndications but issuers explore different options amid persistant duration risk
German bond house adds to growing roster of primary dealerships
◆ AFT's Antoine Deruennes says 'clear message' showed demand for 30 year ◆ Speedy execution before US employment data ◆ Green OAT syndication next
◆15 year a ‘good entry point to the long-end’, says sovereign ◆ Fear of missing out from both old and new investors ◆ Why Italy ran no co-lead pot this time
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  • Credit Suisse has let go of a managing director in debt capital markets.
  • CEE
    The Republic of Poland has set final terms for its €1bn 8.5 year green bond, with books over €3.4bn at the last market update. A banker away from the deal called the final level tight.
  • Fixed income investors expect central bank tightening to lead to a flattening of the yield curve, according to a survey released in the same week as Janet Yellen’s final Federal Open Market Committee meeting as US Federal Reserve chair.
  • CEE
    The Republic of Poland, which issued the world’s first sovereign green bond, has returned for another bite of the apple, naming leads for a new issue.
  • SSA
    A superlative start to the year for the SSA sterling market has caught the eye of BondMarker voters. Read on to see how those deals — as well as a glut of euro and dollar trades — fared with voters.
  • US Treasury secretary Steven Mnuchin’s perceived attempt to talk down the dollar on Wednesday drew the ire of ECB president Mario Draghi, but the latter's insistence on playing fair is going to make his job more difficult.