KfW comes flat to EIB as KommuneKredit prints 20 year green

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By Burhan Khadbai
27 Aug 2020

The primary euro public sector bond market continued its busy week on Thursday with KfW and KommuneKredit issuing new 10 and 20 year deals, respectively.

Following the mandate announcement on Wednesday, leads Barclays, Goldman Sachs, LBBW and TD Securities opened the books on KfW’s €3bn no-grow September 2030 bond with guidance of mid-swaps minus 4bp area. As the books reached over €5.5bn, the spread was set at minus 5bp.

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