Welcome to SSA Markets, the comprehensive daily news and data service dedicated to the sovereign, supranational and agency bond markets. New visitors are invited to take a trial.
Spain gave the average life of its debt a hefty shunt out the maturity curve on Monday, raising €1bn with a 50 year private placement — its longest dated deal since the introduction of the euro. But the sovereign has not finished with its supply ambitions for the week: it has more long dated Bonos available at auction on Thursday.
EIB hits long end with Ecoop while NRW mandates Publish date | 01 September 2014
The European Investment Bank opened a September 2045 Ecoop on Monday — marking its longest dated syndication on its curve, while State of North-Rhine Westphalia mandated banks for a long 10 year note in euros.
ADB set to extend Kanga curve with March 2025 deal Publish date | 01 September 2014
Asian Development Bank has opened books on a curve extending March 2025 Kangaroo, in its second visit to the onshore Australian dollar market this year. Choosing the long 10 year maturity will allow the issuer to attract Japanese investors to taps of the deal over the next few months, said bankers.
|Rank||Lead manager||Amount $m||No of deals||Share %|
|9||RBC Capital Markets||32,398||193||3.38|
|10||Bank of America Merrill Lynch||31,914||103||3.33|