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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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Primary activity is set to ease into next week as Lunar New Year holidays take place -
Borrowers from both sides of the Atlantic make their second or third appearances this year
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French, German and Canadian issuers printed their first euro bonds of the year
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Buyers grapple with falling interest rates
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KfW announces ‘rather unusual’ euro dual trancher after revealing large programme last month
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The German state is eyeing two fixed rate benchmarks in the first half of next year
