African Development Bank AfDB

The International Finance Corporation has become the most recent supranational to print in Russian roubles, following close behind a trio of its peers that made rare appearances in the currency last week. High yields in the currency, despite Russia’s central bank cutting its key interest rate, have bankers expecting more supply to come.

The pioneering spirit of supranationals in the green bond market will be just as strong in 2015 as this year, with many looking to expand their reach in the asset class.

This week's scorecard features updates on the progress of selected supranationals through their funding programmes.

The African Development Bank has returned to the offshore South African rand bond market after 15 years away and is looking to enter the currency’s onshore market, as its typical forms of funding in the region have dried up.

This week's scorecard features updates on the progress of selected supranationals through their funding programmes.

Read on to see how selected benchmarks are faring in secondary. Trading levels given are bid-side spreads versus mid-swaps and/or an underlying benchmark as of Thursday's close. The source for secondary trading levels is Interactive Data.

The African Development Bank was able to print a debut seven year dollar benchmark on Tuesday inside initial price thoughts after the deal was more than twice subscribed. Other issuers to enjoy storming conditions at shorter points on the curve in dollars include NRW.Bank with a five year and Finland’s Municipality Finance, which was able to print a benchmark through mid-swaps for the first time.

Tuesday will bring supply across the curve in dollars as issuers look to capitalise on strong issuance conditions, despite having to squeeze into a short window of issuance in the currency this week ahead of the Federal Open Market Committee meeting, the first tranche of the European Central Bank’s targeted long term refinancing operations and Scotland’s vote on independence from the United Kingdom.

Read on to find out how far along with their annual funding targets selected supranationals are this week.

This week's scorecard features updates on the funding programmes of some of the major supranational borrowers, as AfDB, EBRD and IADB all head past the three-quarter mark for their funding targets.

African Development Bank sold its first Kauri trade in six years this week, and hopes to be back for more next year, while Korea Eximbank raised New Zealand dollars for the second time in 2014.

This week's scorecard features updates on the funding programmes of some of the major supranational borrowers. Read on to see which issuer is almost 40% done already, having begun a new funding programme on July 1.