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Canadian province to maintain market-friendly funding approach and 'meet investors where they want us'
Busy and ‘euro-heavy’ week ahead but dollar pipeline also building with issuers set to bring forward bond plans
◆ First dollar SSA benchmark in two weeks, 'very successful' ◆ 'Pro-investor' pricing approach on show once again ◆ Funding for new fiscal year well underway
Busy Thursday ahead as five euro and dollar benchmarks set to price after a slow March
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The Greater London Authority (GLA) is set to meet investors next week over a potential debut sterling benchmark, EuroWeek understands. GLA has mandated Lloyds to manage the meetings.
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Ile de France issued its inaugural Australian dollar note on Friday on the back of a reverse enquiry from Asia looking for a rare, high quality sovereign supranational and agency name.
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Province of New Brunswick sold a rare seven year trade on Thursday night, capturing an arbitrage opportunity to get more attractive funding than in its domestic currency while attracting sufficient demand to allow it to increase its planned issue size.