KfW
-
Market in 'a process to find the new and appropriate levels', observes issuer -
◆ CDC raises £500m for first time ever ◆ KfW sets spread from the outset ◆ Two day execution helps distribution
-
Issuer spends time on pricing with two-step tightening in latest euro benchmark
-
◆ EU brings 'return-to-normality' trade ◆ KfW prints large new green bond ◆ Duo show leadership, more issuers to follow
-
Liquidity is scarce in blockchain bonds as infrastructure is still fragmented and incomplete
-
Spring has finally sprung in the dollar market for SSA issuers printing at ultra-tight spread to US Treasuries. But questions raised whether it will last
-
◆ Swap spread stability enables large $5bn trade ◆ Spread to US Treasuries gets squeezy ◆ Alternative executions considered but not needed
-
Encouraging results for trio give confidence to NIB, Council of Europe and IADB to follow on Wednesday
-
Spreads over Treasuries are tight but hope is that ‘others will follow’
-
KfW publishes in-depth account of its test DLT bonds
-
Agency has funded around 50% of its €65bn-€70bn programme
-
◆ German bank tightens 3bp from guidance with minimal NIP ◆ Larger tap than usual ◆ Succeeds in face of tariff uncertainty
