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

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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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