German government A £750m ($1.2bn) bond sale by Barclays is the latest sign that the expected August lull has so far failed to hit the bond world as investor demand continues to encourage deals.
Barclays followed last week’s €2bn ($2.8bn) 10-year senior unsecured deal with yesterday’s £750m of 12-year senior paper after a series of so-called “reverse inquiries”, where investors register interest in particular sorts of bond deal – in this case, for long-dated sterling paper.
