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Investors were eager to tender their bonds despite initial resistance
Banker had been with Dutch lender for just over a year
Data
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Private placement to German pension funds is UN agency’s third issue -
Unusually, low rated credits are leading the pack
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Only a few issuers will be able to bring deals as investors digest recent glut of issuance amid data and holiday disruption
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Demand for sovereign deal brings hopes that corporate supply will follow
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Around 50bp of concession offered at IPTs
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With third bond of 2023, sovereign wraps three quarters of external funding
Sub-sections
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Sponsored by CAF – Development Bank of Latin America and the Caribbean
CAF gearing up to transform regional development
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Sponsored by Emirates NBD Capital
Emirates NBD Capital: An unrivalled conduit for Middle East liquidity
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Sponsored by European Investment Bank
European Investment Bank: Supporting sustainable development in North Africa
