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Spreads expected to remain ‘well anchored’ in coming weeks despite this week’s blip
Issuer adjusts pricing strategy after market volatility spikes following collapse of US-Iran ceasefire
◆ Issuer leaves concession on the table to secure top accounts ◆ Pricing versus AFD deal ◆ Official institutions hold French agency spreads at the tights
Data
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New March 2034 landed flat to the issuer’s domestic curve -
Deal was oversubscribed with €110m of lead manager orders
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Latest Primary Market Monitor data examines issuance trends in February and March
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SSAs vie EU for attention as more issuance expected from Flemish Community
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Books for the European sovereign’s €5bn deal were ‘sizable for a linker’
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