Finnish Government Bond Syndication Seen Coming Soon
Dow Jones
Aug 17
0550 GMT - As the holiday season in the eurozone is nearing its end, the government bond syndication season after the summer holidays may already get under way, Commerzbank's Erik Liem says in a note. Finland is usually the first country after the summer to carry out a syndicated transaction and Commerzbank expects this pattern to be repeated this year. "A new five-year RFGB [Finnish government bond] may already be launched this week," the rates strategist says. Meanwhile, a syndicated tap of Germany's 30-year Bund could follow next week, Liem says.
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