Sweden is about to test investor appetite for its longest ever bond, in a sale that promises to reveal just how anxious investors are about the threat of inflation and higher interest rates.
"We’re now starting to investigate demand and gather the banks that will lead the offer," Anna Sjulander, head of debt management at the Swedish National Debt Office, said by phone.
More from AMWatch
95 percent of active global high-yield managers struggle to consistently add value net of fees, according to the world's fourth-largest asset manager ahead of launching a global HY index fund. However, a recent survey by consultancy Kirstein showed a vast majority of Nordic investors preferring their HY portfolios actively managed.