KfW and Bpifrance smash open euro SSA market

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KfW and Bpifrance smash open euro SSA market

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Euro coins. Euro money. Euro currency.Coins stacked on each other in different positions. Money concept. | Marian Vejcik/weyo - Fotolia

Fresh from the announcement of a new stimulus package by the European Central Bank last week, investors stormed into the euro public sector bond market on Tuesday, led by KfW and Bpifrance. The latter printed €1.25bn, equaling its biggest ever single issue. The strong momentum is set to continue with a string of mandates, including two supranationals for Wednesday.

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