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'Dead quiet' few weeks will benefit issuers as excess bonds need absorption before issuance starts to ‘fire on all cylinders’ from August 17
SSA issuers increase focus on PPs amid quieter period for public markets
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More articles/Bonc comments/Ad
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The ECB's Pandemic Emergency Purchase Programme propped up the bond market during the pandemic. When purchases of €60bn a month stopped, it reshaped the primary market -
The tightening is unlikely to be sustainable, says analyst
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The SSA primary market is expected to be quiet for a couple of weeks but participants expect opportunistic issuance
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Proceeds from the two notes will fund long-term loans to Ukraine and Moldova
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Easy monetary policy oiled the primary capital markets well in 2021 but the effects of its tightening have been clear to see so far this year
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21 year high inflation paves the way for a 50bp rate rise next week
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