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Issuers squeeze into Tuesday-Wednesday window as fruitful May nears its end
French agency to revive long debated funding format to finance SME lending
Second hybrid is among the deals that the MDB hopes to bring later this year
◆ New environmental bond had a large size ◆ Book size was another record ◆ Pricing was close to the tightest European names
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New issue premiums evaporate as investors lap up yield and spy top of rate mini-cycle -
◆ Five year dollars 'road well travelled' ◆ Fair value estimated ◆ Pricing 'straightforward' given plenty of comps
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Tobias Landström, Kommuninvest’s head of debt management discusses recent euro bond transaction
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Smaller order book this time kept some market participants’ attention, but does size matter?
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Issuer now around 77% funded for the year with one dollar deal still to come
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◆ High quality order book ◆ Limited fast money ◆ Spread to other MDBs narrows
