Kommuninvest
-
-
Kommuninvest on Tuesday took advantage of a quiet dollar market to sell its largest ever deal, despite only offering a concession of 2bp, according to the lead managers. -
Kommuninvest is out with a dollar trade in what bankers expect to be a fairly quiet week bisected by a likely target rate hike by the Federal Open Market Committee.
-
Big moves in US Treasury yields, swap spreads and the euro/dollar and euro/sterling basis swaps put paid to some dollar issuance this week as some borrowers held back and others tapped different currencies. But a pair of Swedish names did get deals done, and rates started to move back into more favourable areas, suggesting volumes could pick up again next week.
-
-
Some SSA issuers are avoiding Uridashi notes, but dealers say there is no shortage of demand.
-
Kommuninvest printed a $1bn three year dollar bond on Wednesday, following the example set by Swedish Export Credit Corporation (SEK) but shaving an extra few basis points from its spread.
-
Climbing US Treasury yields and tightening swap spreads are pushing out levels in dollars, but Swedish Export Credit Corporation (SEK) managed a successful three year trade — a good omen for an upcoming deal from Kommuninvest on Wednesday.
-
This week's scorecard looks at the progress Nordic agencies have made in their funding programmes.
-
Two SSA borrowers readied trades in the dollar market on Monday, lining up for a busy week of issuance.
-
This week's scorecard looks at the progress Nordic agencies have made in their funding programmes.
-
The first funding scorecard of 2018 looks at the funding programmes of Nordic agencies.
