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Two-part trade opens new investor base for the LatAm sovereign
Deal reflects ‘new paradigm’ in SSA market where spreads to US Treasuries grind ever tighter
◆ Sovereign serves up annual international deal ◆ Priced at only 4bp over US Treasuries ◆ Recent KfW deal was 'good template'
EU’s second half funding announcement imminent, downside risk highlighted
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◆ First EGB syndication in three weeks breezes through primary ◆ Sovereign rides recent upgrade momentum ◆ Quick execution, measured pricing and sizing approach
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Investors and dealers will be able to trade European govvie baskets
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First EGB syndication and first dollar SSA bond after tariff mayhem put investor demand to test
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Corporate spreads in Europe widened sharply but actual selling of bonds was limited
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'Not much supply in immediate future' as volatility cripples issuance
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‘Resilient’ public sector stands ready to get back in action with dollar and euro deals