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Risk of complacency flagged as issuers continue to fund into summer
‘Historically impressive’ pricing achieved as funding for $19bn-$20bn programme begins
Fresh Nato commitments will test bond market capacity as major issuers reveal funding updates
◆ Issuer maxes out on size ◆ Short dated dollars made sense ◆ $6bn done so far, more to come
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Finnvera and German SSAs also brought conventional deals
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At least a dozen SSAs are set to price deals on Wednesday
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Issuer plans ‘one liquid benchmark every year’ and to frequent a market providing ‘value’ and ‘flexibility’
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Deal is the fourth under the Swiss National Bank’s wholesale CBDC pilot programme
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Absolute yield, RV and performance potential keeping investors interested
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Issuer ‘reaping the fruits’ of investor work with large book and tightening