Top Section/Bond comments/Ad
Top Section/Bond comments/Ad
Most recent
Smaller orders, missing hedge fund bids as market exits ‘white-hot’ phase and soon to switch to holiday mode
◆ 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
More articles/Ad
More articles/Ad
More articles
-
Lower issuance volumes for the rest of the year will help spreads and strategic planning
-
The Canada Pension Plan Investment Board took immediate advantage of the issuance window following encouraging US inflation data on Thursday to price a new dollar deal.
-
Issuer attracts over $11bn in demand after last issuing a similar deal in 2018
-
Issuer hopes the new deal opens doors for longer transactions to come
-
Issuer has already been active in the currenty earlier in the year
-
Issuer becomes only one of a handful of SSAs to print a decade dollar deal in 2023