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After €1.25bn close to curve, Land's treasurer discusses reforms
◆ First euro deal from Candian province hits 'perfect storm' ◆ BNG and AFD print 15 years ◆ All tighten by at least 3bp
◆ Issuer strikes 'fine balance', prioritising size ◆ Pricing came in line with recent peers and KfW ◆ Have 10 year Länder bonds found their level?
North Rhine-Westphalia will get "a lot of legroom" to expand investments, treasurer says
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A dollar deal may be on the cards after a recent sterling trade -
‘Difficult’ few weeks ahead as negative Bund-swap and wide SSA spreads take toll
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◆ Cross-currency basis swap moves make trade feasible ◆ Fair value hard to locate after Gilt movement ◆ Book almost covered
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Domestic names rush to hit the market ahead of expected volatility next week
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Relative value mismatch between core and non-core issuers is one of many concerns
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We would welcome your feedback on the outlook for the SSA market
