Basic Swaps

Basis: USD issuance strikes back; GSIB risk diet eyed

The pre-holiday rush to borrow has accelerated this week as a heavy wave of EUR issuance yesterday was followed up by a rise in USD deals today.

EUR New Issues: EU €7bn 2029 and 2042 taps

European Union is tapping €3bn Dec 2029 and €4bn Nov 2042 via syndication.