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Middle East conflict postpones deals but euro market flexes its strength with more deals set for next week
◆ Reverse interest helped by secondary demand ◆ Concession paid ◆ 15 year leg more challenging
◆ Only second Canadian province in euros this year ◆ Premium paid debated ◆ Rarity value supports transaction
Critics doubted the EU Green Bond Standard would catch on, but it is gaining new issuers and a following from investors
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Issuance across euros and dollars is set to rise -
Recent primary deals were well received, but some fatigue is creeping in as new deals line up
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Treasury director Rodrigo Robledo says investor relations work has paid off
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◆ Spread not tightened ◆ New issue concession paid ◆ Pick-up over KfW estimated
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◆ Multiple times subscribed ◆ High quality interest ◆ SSA market open despite lunar new year and carnival holidays
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◆ Madrid plans 10 year deal ◆ Bpifrance set to launch EuGB ◆ MuniFin 'rare and well regarded'
