Asian Development Bank ADB

Kommunalbanken made its first appearance in New Zealand dollars in 2014 on Thursday, tapping four year Kauri bonds. Other issuers are considering trades for next week, but syndicate bankers are struggling with a volatile basis swap and have only a narrow window before Chinese New Year shuts the market down.

Caisse d’Amortissement de la Dette Sociale crowned a barnstorming day in dollars on Wednesday, selling its largest ever benchmark in the currency. Asian Development Bank and the European Investment Bank also basked in strong demand with trades further out the curve.

Asian Development Bank and Caisse d’Amortissement de la Dette Sociale are set to bring dollar deals in the short to medium part of the curve, joining European Investment Bank in a spurt of issuance in the currency.

Uridashi deals backing sustainable and responsible investments will increase this year, said MTN bankers, despite Japanese retail demand for SSA paper being in steady decline since 2010. The Asian Development Bank is one of the first SSA issuers this year to sell a Uridashi with an SRI focus, printing a three year dual currency deal on Monday.

This week's funding scorecard contains updates on some of the major supranational borrowers' funding programmes. Both the IFC and the World Bank have raised nearly two-thirds of their targets as the first half of their funding year comes to a close.

A larger than planned sterling tap from Asian Development Bank on Wednesday could compel other issuers to launch deals in the currency before year-end, according to bankers involved in the trade.

This week's funding scorecard contains updates on some of the major supranational borrowers' funding programmes. Next Friday the scorecard will focus on a number of Europe's supranationals and agencies.

This week's funding scorecard contains updates on some of the major supranational borrowers' funding programmes. Next Friday the scorecard will feature selected European supranationals and agencies.

This week's funding scorecard focuses on some of the major supranational borrowers, some of which have just announced new funding programmes. Next Friday's scorecard will give take a look at the funding progress of several major European supranationals and agencies.

The Asian Development Bank (ADB) offered investors an attractive premium on Wednesday, selling a new five year dollar bond. Japan Finance Organisation for Municipalities (JFM) is also set to come to market with a five year of its own, with leads offering initial price thoughts (IPTs) on the issuer’s debut 144A note.

Bank Nederlandse Gemeenten (BNG), which was the first issuer to announce a dollar benchmark this week, has attracted a healthy level of indications of interest to its three year deal ahead of opening books on Wednesday morning.

Bank Nederlandse Gemeenten has hired four banks to run a three year 144A syndication in dollars this week. The issuer is the first SSA name out of the gates although are looking to price deals ahead of US non-farm payrolls data on Friday.