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All as expected by the market, but lack of more details regarding bill issuance somewhat disappoints
◆ Sovereign back in euros, alternating from dollars in 2025 ◆ “Very low double digit” spread over Germany ◆ Sweden, KfW key comps
Likely successor as UK prime minister Andy Burnham further to the political 'left than anyone else’ but market hopeful that scope for more borrowing is limited
Fiscal targets for 2026 already met, more early debt repayments underway
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Poland has raised over $10bn on international markets this year
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Tumbling inflation boosts duration bid as issuer catches record 248 orders
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Sovereign gets second largest book ever despite political hubbub
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Issuers take every opportunity to print as market turns tougher
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Winterflood executive joins PrimaryBid to spearhead drive
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Sovereign led a busy week for SSA issuance in dollars with $9.25bn raised