Top section
Top section
◆ Strong 10 year demand proven again ◆ Nearly 40% of €18.5bn annual funding already done ◆ EU waiting in the wings, 'first proper test' for duration
◆ Issuer tests appetite with two stage tightening ◆ New issue concession estimated ◆ Buyers pile into Wallonia's shorter tranche
◆ Surprisingly busy Friday with three SSAs pricing ◆ Unusual move pays off ◆ Record size, and lots of discussion on spread
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Dollar-based funders return to the primary market
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More issuers, possibly including French SSAs, are geared up to tap primary this week
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Hung parliament seen as best outcome for bond issuers, even if swing to left was unexpected
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Hire from Bank of America helps fill gap after departure of three SSA bankers
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UK bank spreads calm and Gilt yields stable but all eyes turn to less predictable French elections
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Market awaits EU’s lead once election volatility subsides
Sub-sections
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Sponsored by European Investment Bank
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