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The sovereign rarely issues more than once a year on international markets
Recent Italy syndication prompts talk of change in how sovereigns manage syndicates
Reopening the €1.75bn bond issued in January attracts huge investor interest
‘Amazing’ reception for long dated syndications but issuers explore different options amid persistant duration risk
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The Republic of Croatia has picked four banks to revive a euro benchmark deal it was forced to delay last year after anti-government protests in Zagreb in the early summer.
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The UK Debt Management Office will have to tackle its lowest issuance volume since 2007 in the next financial year, although analysts warned that the longer-term picture for UK borrowing could be affected heavily by imminent negotiations over Brexit.
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Italy drew a more than a twice oversubscribed book on Tuesday and priced well inside guidance as it brought its second syndication of the year, a €3bn May 2028 inflation-linked BTP.
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Italy has mandated banks for its second syndication of the year, after a month in which its spread to closest peer Spain has tightened.
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Sri Lanka has sent out a request for proposals for its 2017 fundraising in the international bond market, giving firms until 3pm local time on Thursday to respond.
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The scores are in. See how market participants rated EFSF's dual tranche, the UK's £2bn inflation linked note and Spain's €5bn 2033 transaction.