EIB

Luxembourg-based supra leads Tuesday’s deals as EDC and Land NRW also enter market

A pair of German development banks also brought new issues on Tuesday

QE era swap valuations driving bank treasuries into bonds

EIB book ‘set to be an all-time record’ for an SSA issuer in the currency

The two deals are priced off different benchmarks

Bertrand de Mazières, Director General of Finance at the European Investment Bank (EIB), retires this year after 17 years at the institution. During an august career he helped guide the bank through periods of global financial crisis and political turmoil. He was instrumental in the EIB’s evolution into a climate bank that has laid the foundations of a trillion dollar green bond market. But in a testament to the institution’s culture, what he will miss most is the people.

Funding official has spent nearly 30 years at the supranational

Progress in aligning capital flows with a low carbon economy is still too slow

The supranationals will set the tone for a month crowded with issuance

Dollar strength shines through with euro deals lacklustre

Reluctance to show hands has led to smaller books and higher concessions

Outgoing de Mazières will remain a senior advisor at the bank until his retirement next year