Eurobond issuance picks up

The pre-World Cup month of May sees a six-fold rise in Eurobond issuance

pg9-worldcup-gif

New issue supply in the Eurobond market is picking up ahead of a potentially weak June. "Everyone is looking at the new issue market right now. We have already seen healthy volumes and demand for the deals. The increase in supply, though, is having no real effect in the secondary market, as spreads continue their tightening trend," says Suki Mann, credit strategist at Societe Generale in London.

Mann partly attributes the wave of supply to the imminent football World Cup, which will be held in

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

Register

Want to know what’s included in our free membership? Click here

This address will be used to create your account

Most read articles loading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here