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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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Deal comes flat to swaps, but issuer cannot reach hoped-for size -
Short end demand wanes as investors adjust to 'peak rates' narrative
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US dollar market helped the province to raise an equivalent of five to six domestic bonds
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Kiwi sub-sovereign sacrifices size to price tight
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Leads’ orders helped issuer meet its size goal
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The French issuer offered investors an unusual tenor
