Top Section/Ad
Top Section/Ad
Most recent
Portugal and KfW lead euro supply with five year as dollar market focuses on second AfDB hybrid
◆ Tightest 10 year Länder bond this year ◆ Big book leads to 4bp spread move ◆ Deal still three times covered, green element was key
◆ One deal was judged ‘relatively tight’... ◆ And the other ‘definitely cheap’... ◆ ... though fair value tough to spot
Issuance recovers from last week’s wobble but concerns linger after issuers like KfW widen
More articles/Ad
More articles/Ad
More articles
-
The Province of Manitoba has made its first foray into euros after spotting an arbitrage opportunity to swap back to Canadian dollars.
-
Indian power company Power Finance Corporation (PFC) has mandated three banks for investor meetings that could be followed by the company's international debut in the US dollar market. -
A trio of SSA issuers are set to pepper the euro curve on Tuesday, despite waves of volatility engulfing the market over the past few weeks.
-
The Canadian Province of Manitoba has made its first foray into euros via a private placement, and is open to the possibility of coming back with a syndication.
-
The Belgian City of Mechelen has hit the capital markets with a long dated medium term note, its first print in a year.
-
They might not be on the ECB’s list but Germany’s Laender and municipals have never been in more demand in the bond market as they are now. Jonathan Breen finds out if they can capitalise on this golden opportunity to attract new investors.
