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New week's volume could account for 40% of monthly volume in August, PMM data shows
◆ First post-summer French deal came earlier than usual ◆ Issuer weighs up options before taking Friday window ◆ New spread record set, near-record demand received
Chubb leads another busy week for foreign borrowers as domestic names also keep supply flowing
Data
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SSAs look increasingly expensive versus government benchmarks, raising the question of when investors will stop buying
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Issuers should take cue from the EIB's persistent chipping away at its funding need
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Issuer estimated 2bp of premium, while onlooking bankers saw 0bp-2bp
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New British Savings Bond will be delivered through National Savings and Investments
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Sub-sovereign continues to chip away at its €9.6bn annual programme
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Onlooking SSA bankers said KfW had landed tight pricing for new three year
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