EIB

Via Solutions Nord has issued a €429m private placement as part of the funding for a €600m extension of the A7 motorway in northern Germany.

Via Solutions Nord has issued a €429m private placement as part of the funding for a €600m extension of the A7 motorway in northern Germany.

The European Investment Bank printed a $3bn seven year deal on Thursday after attracting enough orders to cover the deal twice. Meanwhile, Kommunalbanken has set out with a floating rate note in the same tenor and currency.

The European Investment Bank has hired a trio of banks to run a seven year dollar syndication, capped at $3bn. The mandate comes as FMS Wertmanagement brought the first dollar benchmark after the summer break — attracting over $4bn of orders to a $1.5bn deal.

Public sector issuers shrugged off the quiet dollar and euro markets to take advantage of other currency opportunities this week — and there are signs that more deals could follow in the summer.

One of the largest borrowers in the SSA market is unlikely to engage in pre-funding this year, SSA Markets understands. It has around €10bn left to raise before it completes its 2014 funding requirement.

The European Investment Bank priced on Wednesday a July 2020 note denominated in Turkish lira — only its second new issue syndication in the currency since 2011, according to Dealogic.

This week's scorecard features updates on the borrowing programmes of selected European supranationals and agencies. Read on to find out which borrower is over 90% done for the year.

Read on to see how selected benchmarks are faring in secondary. Trading levels given are bid-side spreads versus mid-swaps and/or an underlying benchmark as of Thursday's close. The source for secondary trading levels is Interactive Data.

This week's scorecard focuses on Europe's major supranationals and agencies, with most of the borrowers well advanced in their funding programmes as issuance begins to slow down for the summer.

Outstanding volumes of euro denominated commercial paper issued by SSAs in the European Union have fallen since the European Central Bank cut rates earlier this month. But there are signs that demand could be on the up for non-euro denominated paper.

Read on to see how selected benchmarks are faring in secondary. Trading levels given are bid-side spreads versus mid-swaps and/or an underlying benchmark as of Thursday's close. The source for secondary trading levels is Interactive Data.