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Defensive approach on Tuesday amid market uncertainty
Busy Thursday ahead as five euro and dollar benchmarks set to price after a slow March
◆ Timing was everything ◆ Tight NIP on complex fair value ◆ Size and price discipline
Head of funding for 16 years steps up at Nordic supra
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This week’s less than stellar SSA new issue market is no cause for panic, but the dynamic is certainly changing. -
Issuers are warned they now have to pay up as the ECB's 'backstop' is no more
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Central banks and Asian investors came in for comeback deal
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Long-awaited criteria will be useful to specific issuers but difficult to use
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The supranational is looking at the South African rand, Indian rupee, and maybe even euro markets for future funding
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Deals keep coming in busy week for SSA primary market
