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Promise of arbitrage draws foreign borrowers to Swiss franc market
Rates, asset-swap and treasury buyers drawn to sub-sovereign paper
Dollar SSA issuance to build, though euros offering tighter pricing for many
SSA issuers jump into first available window after several central bank rates decisions
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New March 2034 landed flat to the issuer’s domestic curve
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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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European sovereign tests inflation-linked market as EU brings a new green bond
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German sub-sovereign again proves that it 'owns the long end' in euros