US dollar
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‘All done’ for 2025 as UK Budget and Thanksgiving approach but 'very crowded' January ahead
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◆ CP versus dollar bond Sofr spread matters ◆ Dollar deal attracts 15 CBOIs and new names ◆ UK explores Eurofima membership
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Pair enjoyed strong execution and tight pricing as US high grade credit remained resilient in the face of a sell-off in equity markets
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Issuance was front-loaded into the first three days of the week in the FIG dollar market as issuers got ahead of Thursdays US non-farm payrolls report
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Rise of central bank and official institution demand bolstering 'super hot' SSA market
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Banks crowd the short end in another busy week for private placements
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Four sectors emerge with strong pipeline for Tanzania, Uganda, Namibia and Mauritius
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Dollar pipeline questioned as private placements slow
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◆ Last deal this year partly to pre-fund for 2026 ◆ Record book, record spread to US Treasuries ◆ Pick-up over top tier peers shrinks
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The issuance of bank hybrids underlined the continuing strength of the dollar market after the reopening of the US federal government
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Recent euro tap lured big order book amid scarce supply
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◆ 'Amazing,' says rival banker ◆ Lack of 10 year issuance helped ◆ Pipeline for next two weeks 'looking good'