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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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Rates disharmony but spreads a ‘different animal’ as level proves music to borrower’s ears
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Labels and length as issuers offer duration to market where 'mis-steps' still possible
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European agencies to dominate week’s issuance with Fed and Bank of England in focus
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Deal encounters mixed sentiment as market predicts rate rise for Europe
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Issuer has sold more international bonds than any of its provincial peers in 2023
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Muted SSA market welcomes European pair