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◆ No book update for €500m no-grow deal ◆ Surprising lack of demand for defensive trade ◆ Investors continue to cherry pick in big week for supply
◆ Spread to Land Hessen key to pricing ◆ Leads thought long and hard on whether to tighten ◆ 1bp move the right amount as book grew
◆ Three German states brought a new Joint Länder bond ◆ No book update, KfW curve guides pricing ◆ Flemish Community prints new 15 year
Second digital project won’t be the issuer’s last, Länder peers may be ‘interested and willing’ to join in
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The Eurosystem started lending out securities it bought in its quantitative easing programme last week, but the scheme shows how little confidence European central banks have in the continent's government bond markets.
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GlobalCapital anonymously polled senior bankers in the public sector bond markets to find out their perspective on the outlook for the business this year and what their key concerns and hopes are for the sovereign, supranational and agency sector in 2015.