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Issuance across euros and dollars is set to rise
◆ EuGB label attracts second French agency ◆ Tight pricing to existing secondaries ◆ Label, no-grow language and marketing all help
Recent primary deals were well received, but some fatigue is creeping in as new deals line up
◆ 'No investor pushback' at tight spread over govvies ◆ Tenor was longest possible ◆ Private placement opportunities
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The European Union hit screens on Monday morning to announce its first bond of 2021 under the Support to Mitigate Unemployment Risks in an Emergency (SURE) funding programme.
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The Japan Bank for International Cooperation has picked backs for a sterling five year benchmark, replacing its last bond in the currency — a trade issued in February 2014 that matured in December 2020.
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The Asian Development Bank (ADB) has hired banks to arrange a roadshow for its first Panda bond in over a decade, to be launched after Chinese New Year.
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The European Bank for Reconstruction and Development led the way on a busy Thursday in the SSA dollar market, printing $2bn flat to its curve.
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The Europe Investment Bank extended the euro short term rate (€STR) floating rate note curve on Wednesday with 2021’s first deal in the format.