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Performance compared to peers and quality of demand 'really impressive'
◆ Spread set at starting level ◆ Floor in sight for agencies ◆ 'Success for Kommuninvest'
◆ Supra prices inside peers’ seven year deals ◆ Slim NIP paid after 3bp tightening ◆ ‘Very strong day’ for SSA market
◆ Sharp landing through a noisy open ◆ Grinding towards US Treasuries ◆ Bankers praise execution but warn of residuals building
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Standard Chartered has appointed a new head of syndicate, as well as a new head of DCM West and DCM East.
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A London-based SSA syndicate banker at Bank of America Merrill Lynch has moved to New York as part of an internal exchange programme.
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KfW received solid demand for its €1bn global June 2020 benchmark tap on Tuesday, as investors lapped up the rising swap spreads caused by political tensions in Italy and economic crisis Turkey, and looked for safe assets.
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Bank Nederlandse Gemeenten has increased its total funding requirement for the year as it prepares for the second half of 2018.
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World Bank took $1bn for its first trade linked to the Secured Overnight Financing Rate (SOFR) on Tuesday as bankers debated the best way to find fair value for the new product.
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World Bank is preparing to launch a bond on the blockchain — the first ever publicly issued deal to be created, allocated and settled entirely using blockchain technology.