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Further long-dated SSA issuance is expected to be limited given funding requirements
◆ Starting level based on price sensitive investors ◆ Some French accounts less active ◆ Issuer has shorter duration needs than peers
◆ Pricing comes significantly through EU ◆ 'Surprising' French interest in book ◆ Fast money deterred by odd tenor
◆ Book one of the issuer’s largest ◆ ‘A good trade’ at 19bp over swaps ◆ Tight spread to Finnish govvies
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◆ Issuers storm dollar market this week ◆ British Columbia follows Ontario to long end ◆ IDA taps two markets in two days -
The Canadian issuer may offer at least one more international benchmark this year
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◆ Sterling return personal best for IFFIm ◆ Evolving spread, growing following ◆ Little to no new issue premium paid
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◆ Canadian issuers return to dollars ◆ AfDB brings rare dual-trancher ◆ Kommuninvest offers diversification
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◆ IDA fair value more art than science ◆ MuniFin gets over 140 accounts in its book ◆ Madrid makes debut EuGB trade
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Higher volume, more tightening during execution and lower new issue premiums were recorded
