More Länder supply as Berlin nabs €500m

Addison Gong

July 05, 2023 05:19 PM

Berlin_5July23_alamy

Issuance from German states has increased 70% year-on-year

Unlock this article.

The content you are trying to view is exclusive to our subscribers.

To unlock this article:

Request a Free Trial or Login

Topics

BNP Paribas Commerzbank NordLB UniCredit TD Securities Euro Germany Sub-sovereigns SSA

AG

Addison Gong

SSA editor GlobalCapital

Related articles

SSA

World Bank mandates new euro 10 year

◆ Syndicate desks say if deal was expected ◆ Flurry of SSA bullet and structured MTNs ◆ Mandates hit screen after US data

Sarah Ainsworth, July 15, 2025
Senior Debt

Italian FIG on parade as Mediobanca prices through fair value

◆ Mediobanca becomes latest Italian bank to fund amid M&A ◆ Deal well absorbed even at negative NIP ◆ Similar dynamics allowed Ifis to tighter spread and concession

Atanas Dinov, July 15, 2025
Sub-sovereigns

Baden-Württemberg lands €750m floater

◆ 3.5 year FRN priced flat to guidance ◆ Green and conventional fixed rate bonds to come ◆ World Bank, PSP to print euros

Addison Gong, July 15, 2025
Corporate Bonds

Terna joins elite EuGB club

◆ Terna becomes latest Italian company to print EuGB ◆ Deal lands inside fair value ◆ Rampant liquidity left disappointed by dwindling supply

Mike Turner, July 15, 2025
SSA

European SSA bankers weigh Japan fiscal woes

◆ JGB yields rose sharply ahead of elections ◆ Impact of JGBs on euro market sentiment ◆ Illiquidity hits SSA secondary trading

Sarah Ainsworth, July 14, 2025
Covered Bond Analysis

Covered bond issuers pin hopes on spread tightening

Wide open window this week as market searches for willing issuers

Frank Jackman, July 14, 2025