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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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Dutch issuer takes $500m after no supply from the public sector in the currency for weeks -
French issuer follows EU’s success with a similar deal
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The pair contributed to the busiest day for public sector bond issuance in weeks
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Land Berlin and NRW.Bank took €1bn each after following the EU to market
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Limited concession boosts smaller issuers as supra attracts over €73bn of orders
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Issuers were quick to follow the EU's latest syndication that was 12 times covered
