SSAs set out their stall

摘要

Some public debt issuers surprised last week with higher than expected 2017 funding plans, but the net effect of borrowers tinkering with their programmes still indicates that the market will shrink next year. Bank analysts reckon that sovereign, supranational and agency issuers will print roughly €420bn of bonds next year - down by 2% from 2016. Since the announcements last week, Commerzbank has increased its prediction to €423bn.