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‘Very normal market’ despite ongoing war and volatility to support another wave of new issues
Bankers say the ambition to price the first SSA bond through US Treasuries has faded as recent five year deals stall and barely perform in secondary
Books on the dollar deal opened just hours after Iran attacked the country
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There are strong signs that the missing piece of the green bond puzzle could soon be in place, with hopes growing of a first ever green trade by a sovereign.
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Angola’s years long journey to the Eurobond market ended this week with a hot 10 year deal, which soared in the secondary market. The importance of fresh cash for the dollar starved state overrode pricing criticism, while the deal laid down a marker for what oil states can do in bond markets. Steve Gilmore reports.
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Spain cut its long term borrowing costs at a debt auction on Thursday, as it hit the middle point of its target volume range.
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Member economists of the crowdsourced online tool for assessing sovereign risk, Euromoney Country Risk, believe that Jordan’s prospects have lifted over the past year.