KfW

A European agency is set to bring a green bond on Tuesday as optimism grows that SRI volumes could pick up even more over the next two months.

KfW has found stronger than expected demand after tapping the belly of its Kangaroo bond curve, as a Canadian province printed at the long end in the format.

Rentenbank this week jumped on pent-up demand for Australian dollar paper, printing the largest long dated Kangaroo bond from a public sector borrower since July.

Rentenbank has responded to pent-up demand for Australian dollar paper with the largest long dated Kangaroo bond from a public sector borrower since July.

This week's scorecard features updates on the progress of selected European supranationals and agencies through their funding targets for the year.

KfW

A conveyor belt of dollar benchmarks from SSAs passed quality control this week despite tough background conditions. But there are signs issuers are following those in euros by boosting concessions.

The euro market’s strength over dollars is impelling public sector borrowers to line up the currency for rare or even debut visits — and there are strong signs this opportunity could last longer than earlier windows.

Kommuninvest and KfW found good demand for short dated dollar benchmarks on Thursday despite difficult market conditions.

World Bank on Wednesday sold the largest dollar benchmark from an SSA since July, as other issuers lined up deals in the currency.

The increasing attractiveness of euros over dollars has led one public sector borrower to mandate for its first ever benchmark in the currency — and more debut issuers could follow.

A German agency has drawn over €7.5bn of orders for a euro benchmark despite offering a negative yield — leaving bankers puzzled over why no other issuers are hitting screens in the currency.