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◆ German state executes intraday trade ◆ Tenor near ‘sweet spot’ on euro curve ◆ Fair value only ‘theoretical’ in current market
Recent deals showed that investor appetite for SSA credit remains
◆ 'Accelerated execution' due to market uncertainty ◆ Popular deal spotted close to fair value ◆ Momentum accounts 'less active'
Primary market for public sector unlikely to see large transactions until after Easter, reckon bankers
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Half-cooked climate policies put them right in the crossfire
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Swissie market offering pricing benefits to issuers willing to go longer
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Provincial issuer grabs one of the biggest order books among the Canadians this year
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Promise of arbitrage draws foreign borrowers to Swiss franc market
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Rates, asset-swap and treasury buyers drawn to sub-sovereign paper
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Dollar SSA issuance to build, though euros offering tighter pricing for many