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◆ Japanese agency squeezes out concession on $1.5bn 10 year ◆ Zero new issue concession ◆ Flat curve, longer duration
Head of funding Jochen Schader says strong promotional lending has pushed the 2026 target above €15bn, as the agency caps its dollar programme before the summer
Issuer leaves more NIP than earlier this year, as order sizes shrink after busy May and June
All as expected by the market, but lack of more details regarding bill issuance somewhat disappoints
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Supra issuer aims to fund $15bn in the year from July 1 and remains committed to dollar benchmarks
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Issuer also benefits from improving market tone as ‘every day is a little better than the last’
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Issuer gets three times oversubscription in a trade that bankers said would hopefully ‘give people confidence’
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Euro and dollar SSA supply set to pick up from Tuesday
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Pay up and play as SSA market contends with French election hazard
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The best banks, issuers, individuals and other market participants were awarded at GlobalCapital's flagship industry dinner in London