Crédit Agricole

Swedish Export Credit Corporation was set to price a $1bn no-grow three year global benchmark as GlobalCapital went to press on Wednesday, as the last bits of dollar supply came before an expected shutdown next week for the US mid-term elections.

The order book for Islamic Development Bank’s €500m five year sukuk — its debut in euros— has shot past €650m, and the final spread for the note has been set.

Österreichische Kontrollbank and Erste Abwicklungsanstalt priced well received dollar deals on Tuesday. The pipeline in the currency is building with Bank Nederlanse Gementeen and Swedish Export Credit Corporation having lined up three year trades.

The Islamic Development Bank is out with initial price guidance for its debut euro benchmark sukuk — a €500m five year.

Shinhan Bank used its position as the first dollar borrower in the market on Monday to lock up $500m, paying just a low single-digit new issue premium despite global volatility.

Österreichische Kontrollbank will complete its benchmark funding for the year with a no-grow $1bn five year. Meanwhile, Erste Abwicklungsanstalt has lined up its second dollar deal of the year in the three year part of the curve.

France’s AccorHotels has bought its Paris head office for €363m, drawing on a new green loan to finance the acquisition.

The hefty chunk of SRI bond supply from the public sector in the second half of the year shows no signs of slowing down, with plenty in the pipeline — including from a debut issuer.

The Flemish Community of Belgium will meet investors in November to showcase its new sustainability bond framework, with a trade likely to follow.

The Green Climate Fund’s 21st board meeting, which ended on Saturday in Bahrain, proved far more fruitful than the last one, which produced four days of painful gridlock and failed to agree any new projects. This time, the UN body approved 19 projects totalling $1.04bn.

Islamic Development Bank’s first euro sukuk benchmark is expected to come later this week, following the conclusion of the roadshow on Tuesday.

The Autonomous Community of Andalusia this week became the first Spanish region to return to the capital markets while still under the central government’s Regional Liquidity Fund.