KfW
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German issuer nipped in ahead of days of central bank meetings, data releases and public holidays -
The frequent borrower has secured refinancing but in smaller size
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German agency pays 4bp premium for a three year print at 46bp through mid-swaps
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Demand is stronger at the short end, despite tighter pricing
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A better day on Tuesday after some high volatility has encouraged borrowers to reveal mandates
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Issuers are expected to stick to the shorter end of the curve
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The German development bank has now funded 83% of its €90bn funding target
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Issuer maxes out on its size target for euro benchmark
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Germany’s green bond giant comes to aid of government's rescue of gas and coal
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21 year high inflation paves the way for a 50bp rate rise next week
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