IFC

International Finance Corporation has become the most recent supranational to print in Russian roubles, following close behind a trio of its peers that made rare appearances in the currency last week. High yields in the currency, despite Russia’s central bank cutting its key interest rate, have bankers expecting more supply to come.

The International Finance Corporation has become the most recent supranational to print in Russian roubles, following close behind a trio of its peers that made rare appearances in the currency last week. High yields in the currency, despite Russia’s central bank cutting its key interest rate, have bankers expecting more supply to come.

Despite a strong backdrop for issuance this week few SSAs are willing to bring benchmark deals in euros, as issuers wait until the full effect of the European Central Bank’s quantitative easing announcement last week plays out. Meanwhile, the next meeting of the US Federal Reserve’s Federal Open Market Committee and a winter storm approaching New York are limiting dollar issuance windows.

Attractive funding rates and strong demand from Asian investors drew a flock of supranational and agency names to Australian dollars this week — and bankers say at least six names are looking to print in a market that often offers more attractive funding levels than dollars or euros.

KfW priced a more than twice subscribed Kangaroo bond on Wednesday — its first deal in the format this year — as other supranationals and agencies lined up with taps and new issues for their own inaugural 2015 Australian dollar deals.

The pioneering spirit of supranationals in the green bond market will be just as strong in 2015 as this year, with many looking to expand their reach in the asset class.

This week's scorecard features updates on the progress of selected supranationals through their funding programmes.

Antipodean currencies attracted sovereign, supranational and agency investors this week, despite the year-end slowdown, allowing a trio of issuers to take tightly priced taps of existing lines.

The International Finance Corp is planning to extend its Brazilian real maturity curve early in 2015 after the Brazilian government allowed it to issue an unlimited amount in offshore and onshore bond markets.

The International Finance Corporation is planning to extend its Brazilian real maturity curve early in 2015 following the Brazilian government granting it the ability to issue and unlimited amount in its offshore and onshore bond markets.

The international Finance Corporation has taken another step in furthering the internationalisation of Indian rupee bond markets by issuing the first London listed bond in the currency. The deal also marks the longest dated offshore Indian rupee bond.

This week's scorecard features updates on the progress of selected supranationals through their funding programmes.