EIB

The World Bank on Tuesday mandated for a dollar benchmark, as action in the market heated up in anticipation of the Federal Open Market Committee’s meeting on March 15-16.

The European Investment Bank is to hit the dollar market with a five year benchmark, its second print in the currency this year, as issuers continue to focus on the short end of the curve.

The University of Edinburgh this week announced that it had raised a £200m loan from the European Investment Bank and a £100m private placement, after deciding against a £300m public bond.

This week's funding scorecard looks at the funding progress of European supranationals and agencies

New York state's Metropolitan Transportation Authority (MTA) is planning its first ever green bond in a deal that could be the first of many from the rail infrastructure sector.

The extraordinary sight of a German public sector borrower pulling a syndication mid-week led not only led to criticism of the deal’s execution but also reawakened fears over banks' diminishing ability to take down and warehouse sovereign and sub-sovereign bonds. Craig McGlashan reports.

Kommunalbanken showed there is scope for action in the belly of the dollar curve with the first five year benchmark in the currency for three weeks, but longer dated deals still appear out of reach.

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Some medium term note investors believe the Mexican peso may now be undervalued, a pair of deals in the currency suggested this week.

The European Investment Bank and Nederlandse Waterschapsbank priced deals on a day in which another issuer pulled a trade.

Medium term note investors believe the Mexican peso may be undervalued, as they took punts with a series of deals in the currency.

Kommunalbanken (KBN) are set to price the first five year dollar bond for three weeks on Wednesday while Italy’s 30 year bond was the first SSA issuance in the tenor for 2016.