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◆ Euro deal more than seven times subscribed ◆ New issue premium estimated ◆ Value versus OATs and Spanish agencies
◆ Deal lands at tight level versus SPGBs ◆ Asian and central bank bids ◆ New issue premium estimated
New issue premiums in recent weeks were lower compared to the highs after the Iran-US conflict began
Belgium and two European agencies also mandated, even as the US and Iran failed to reach a peace deal
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The issuance of two currency-linked notes on the private market should help stimulate local currency markets in Myanmar and Ukraine according to one syndicate banker.
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The European Parliament and member states reached a provisional agreement on Wednesday afternoon on InvestEU, a new vehicle looking likely to trigger at least €650bn of investment from 2021 to 2027.
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SSA sterling issuance was muted this week, with only the Inter-American Development Bank bringing a small deal, as the Bank of England's Monetary Policy Committee (MPC) met.
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US President Donald Trump’s nominee for head of the World Bank, David Malpass, will be examined by the bank’s executive directors on Monday, GlobalCapital can reveal. By Phil Thornton.
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Bank Nederlandse Gemeenten was the only name out in dollars this week for a small tap, as the US Federal Reserve sent rates sharply down after a more dovish than expected meeting on Wednesday.
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Kommuninvest built out its Swedish krona green curve benchmark this week with its longest dated bond in the format. There is, however, an expectation that this Skr3.5bn ($382.3m) five year green bond could be the curve’s furthest extent.