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Sovereigns

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SSA
Analysts discuss the scope of tightening in Bund swap spreads and the impact on SSA spreads
OATs and OLOs could weaken further versus Bunds while southern European countries and EU continue to paint a positive picture
SSA
Uncertainty looms large as presidential race far from clear and budget negotiations potentially ‘highly challenging’
SSA
Summer in full swing but first two weeks of August not completely off the cards for non-euro deals
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  • The Chinese Ministry of Finance (MoF) is set to sell six tranches in its Rmb14bn ($2.3bn) auction of dim sum in Hong Kong on May 20, with the 30 year tenor putting in an appearance for only the second time in the history of such auctions.
  • Following its well-received sukuk debut last year, the Government of the Hong Kong Special Administrative Region of the People’s Republic of China is back in the Islamic finance market with a series of investor meetings starting on May 18.
  • SSA
    A pair of SSAs printed dollar benchmarks at the short end on Wednesday — a choice likely to be followed by another issuers in the currency next week.
  • A eurozone wide bond sell-off over the past two weeks took its toll on Italy on Wednesday, as it auctioned bonds at yields last seen several months ago.
  • SSA
    Weak German GDP figures helped drive a bid for Bunds on Wednesday morning, bringing a degree of stability after two weeks of volatility in eurozone government bonds.
  • SSA
    A pair of highly rated SSAs are set to dip into dollars on Wednesday, after two issuers had contrasting fortunes in the market on Tuesday.