EIB

SSA issuers looked to alternative forms of funding on Thursday as a holiday in much of Europe and the Federal Open Markets Committee meeting statement on Wednesday evening — not to mention most issuers being fairly well stuffed with cash after a busy six months of issuance — made benchmark execution difficult.

The European Investment Bank priced a three year dollar benchmark on Wednesday at what is the tightest level to its peers in Washington DC since the eurozone debt crisis, according to one of the leads.

The European Investment Bank hired a trio of banks to run a three year global as Swedish Export Credit Corporation priced a deal that was more than twice subscribed on Tuesday, at a level that was through its curve according to leads.

Read this week's funding scorecard to see which borrowers are approaching the 75% mark in their funding 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.

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.

The European Investment Bank tapped five year Canadian dollar bonds on Friday, benefiting from unexpectedly strong demand to more than double the size of the outstanding debt.

The European Investment Bank will sell its second Canadian dollar deal of the year on Friday, a tap of five year bonds. The issue is likely to benefit from strong demand from central banks as they look to up their holdings of debt denominated in the currency.

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.

The European Investment Bank will sell Kangaroo debt on Wednesday, drawing healthy investor demand for a new four year deal. Issuers are keen to tap the Kangaroo market this week, avoiding clashes with upcoming holidays.

Municipality Finance mandated banks to run a five year dollar deal on Tuesday afternoon, starting the pricing process 6bp back of where the European Investment Bank raised $5bn of 2019 paper this week.

The European Investment Bank and Tokyo Metropolitan Government were first out of the gates with dollar benchmark mandates on Monday, in what is expected to be a busy week in the currency.