ESM-EFSF
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Luxembourg-based supranational completed over a third of its annual funding in a single deal -
Short dated SSA deals offer 'tempting' spread to Bunds
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Strong demand for euros in primary SSA market extends
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The issuer paid 2bp of premium on an ‘impressive’ trade
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Deal gives hope to other SSAs eyeing the market this week as jitters return
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Issuers put weight on secondary performance as a marker of what makes a good deal as volatility rips through markets
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Issuer draws smallest demand in years despite Moody’s upgrade this week
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BTP-Bund spread soars, leading some to wonder when ECB will step in
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Issuer draws demand of more than six times deal size for its June 2027s
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Investors becoming pickier in the final days of pandemic era quantitative easing
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Bankers expect sovereigns to take advantage of run of good news
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Issuer sees little negative impact after ending tradition of publishing issuance windows
