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◆ Reverse interest helped by secondary demand ◆ Concession paid ◆ 15 year leg more challenging
New methodology follows headroom created by S&P revision last year
Primary issuance conditions were looking great before latest Middle East war brought uncertainty
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The sovereign plans to add to an existing 30 year benchmark -
EU bonds pushed wider as five and 10 year syndication expected next
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Issuer prices deal with 2bp-3bp of concession but views divided on fair value
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Shareholders want reform and likely to pick leader who can push it
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Swiss bank said to want to add further senior traders in coming months
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Strong demand continues for French social issuer as Canadian pension plan investor achieves a record in sterling and Brandenburg opts for price over demand
Sub-sections
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Sponsored by Islamic Development Bank (IsDB)
Sukuk market’s next chapter: Financing the future, sustainably
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Sponsored by CAF – Development Bank of Latin America and the Caribbean
CAF gearing up to transform regional development
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Sponsored by European Investment Bank
European Investment Bank: Supporting sustainable development in North Africa
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