Top Section/Ad
Top Section/Ad
Most recent
Second digital project won’t be the issuer’s last, Länder peers may be ‘interested and willing’ to join in
◆ Half-year close keeps some issuers on sidelines ◆ Bankers expect big euro supply to come ◆ More concession on pricing could be required
A Kilt will pay a spread over Gilts it cannot justify on credit, which makes it a political gesture rather than a funding tool
Guillaume Pichard, assistant deputy minister, on the five year call, the repo boost and the cost versus home
More articles/Ad
More articles/Ad
More articles
-
A small number of issuers remain open to the possibility of new benchmark deals - despite the weak sentiment in markets - as all eyes are focussed on the FOMC meeting next week to assess what levels of Quantitative Easing the Federal Reserve's chairman, Ben Bernanke, is willing to provide. But talk of a market access crisis is premature, said bankers, given SSA borrowers are flush with cash having front-loaded issuance programmes.
-
The City of Prague is planning to return to market for its first euro deal in a decade. The deal will appeal to investors looking for rarity and diversity, said senior bankers.
-
French local authorities are enjoying ever tightening spreads to government bonds as investors grow accustomed to the credits, medium term note dealers reported on Monday.
-
The City State of Berlin braved a choppy market on Monday morning to sell its first 10 year benchmark in two years. Leads were able to price the deal at the tight end of initial price thoughts, offering only a small new issue premium.
-
Île-de-France sold its first public deal in just over a year on Friday, taking advantage of a quiet market to grab investors’ full attention. The 10 year bonds were priced at a competitive level compared to a recent deal from Agence Française de Développement, according to bankers close to the deal.
-
Tokyo Metropolitan Government stole a march on other SSA borrowers in the dollar market this week by jumping in to price its biggest dollar denominated deal since its debut last year.