FMSW closes in on KfW in German stampede
A $3bn five year bond from FMS Wertmanagement (FMSW) on Wednesday capitalised on insatiable demand for top quality five year euro product. The trade followed KfW’s €5bn five year stunner which was priced on Tuesday and allowed FMSW to print at a tighter spread to its larger compatriot than previously.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
- ✔ 4,000 annual insights
- ✔ 700+ notes and long-form analyses
- ✔ 4 capital markets databases
- ✔ Daily newsletters across markets and asset classes
- ✔ 2 weekly podcasts
