KfW gets it done at five years to establish euro curve for market

By Lewis McLellan
25 Mar 2020

European issuers have got their wish thanks to deals from European Investment Bank at three years and a five year from KfW on Wednesday.

“Plenty of issuers have been waiting for a big issuer to re-open the market and establish a level,” said a syndicate banker. “Now we’ve had that.”

KfW printed €4bn of March 2025 paper into a book of €7.4bn. The leads, Deutsche Bank, DZ BankGoldman Sachs ...

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