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BBG Supply Expectations (19-23 August)

CREDIT SUPPLY
  • This week’s survey shows average expectations of EUR 3.5-6.5bn in corporate supply and EUR 4.5-8bn in FIG supply for next week (19-23 August).
  • Last week’s survey showed average expectations of EUR 0.5-2.5bn in corporate supply and EUR 4.5-8bn in FIG supply. Just a single corporate deal priced this week; a EUR 500mn 3y FRN from Mercedes.
  • Expectations for broader primary market activity (Corps, FIGs and SSAs) are higher in this week’s compared to last week’s one as per the below image.

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