© 2026 GlobalCapital, Derivia Intelligence Limited, company number 15235970, 4 Bouverie Street, London, EC4Y 8AX. Part of the Delinian group. All rights reserved.

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement | Event Participant Terms & Conditions

Sub-sovereigns

Top Section/Ad

Top Section/Ad

Most recent


First Canadian province to visit euros in 2026
◆ Cautious start after spreads moved around ◆ KfW's spread tightens, but Länder unmoved ◆ ‘Real’ Länder-KfW spread yet to be established
SSA
German sovereign goes for conventional over green as smaller peers join a crowded Tuesday
SSA
Primary market shows strength but pockets of weakness a reminder that ‘1bp could make all the difference’
More articles/Ad

More articles/Ad

More articles

  • Secondary bond traders in the SSA and covered bond markets are focussed on Tuesday’s European Union new issue amid hopes that it will help draw a line as far as secondary market weakness is concerned. But with one eye on the European Central Bank’s June meeting, there is still some trepidation about prospective cuts in central bank asset purchasing.
  • In the film 'Annie Hall', Woody Allen recounts two diners’ experience at a restaurant. “One of them says: ‘Boy, the food at this place is really terrible.’ The other one says: ‘Yeah, I know; and such small portions.’”
  • The Province of Ontario ended an absence of almost four years from the Swiss franc market this week to land a 12 year note at fair value. Elsewhere, Valiant Bank and Pfandbriefbank kept the domestic market ticking over with a handful of covered deals.
  • SSA
    Trading levels given are bid-side spreads versus mid-swaps and/or an underlying benchmark and bid-yields from the close of business on Monday, April 19. The source for secondary trading levels is ICE Data Services.
  • Rating: Aa1/AA/AAA
  • SSA
    There was an ESG flavour to the majority of non-sovereign euro public sector trades this week, with a number of issuers setting new records with labelled deals.