SSAs storm into sterling sevens

The sterling public sector market returned from the summer with a number of issuers heading for seven year maturities. Bank treasuries were the main driver behind the move, with the tenor offering an attractive pick-up over three month sterling Libor as a result of a widening in seven year swap spreads.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article: