Priscila Azevedo Rocha
Portugal could be the next sovereign to join the pipeline with a new benchmark, according to bankers. The rumour came as the country received a one-notch upgrade from S&P.
BNG Bank cut a lone figure in the US dollar SSA market on Thursday, bringing a US$300m tap of its US$1.26bn March 2022 Reg S/144 A floater that was upsized from the initial US$250m thanks to investor demand and US$50m lead manager interest.
Rare offerings from regional credits kept the public sector market going on Tuesday.