KfW
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KfW has announced the successor to Horst Seissinger, the head of capital markets at the development bank, who will retire early next year. -
A smaller than typical seven year euro benchmark for KfW on Tuesday underlined how difficult execution in euros has become for public sector borrowers.
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Germany’s jewel in the SSA crown, KfW, drew a gasp of horror on Tuesday when it set out to sell a seven year benchmark, but only limped to €2bn. That should ring alarm bells in the offices of every European public sector borrower.
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A trio of SSA issuers are set to pepper the euro curve on Tuesday, despite waves of volatility engulfing the market over the past few weeks.
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KfW’s second Canadian dollar outing of the year enjoyed strong demand from international investors on Thursday.
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KfW’s second Canadian dollar deal of the year enjoyed strong demand from international investors on Thursday.
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KfW has more than doubled the original target for its debut Kauri bond. Investors piled into the long awaited deal, which came just days after German peer L-Bank placed its inaugural bond in the format.
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KfW has more than doubled the original target for its debut Kauri bond, as investors flocked to the long awaited deal.
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KfW has opened books on its first Kauri bond, a trade that has been years in the making, according to lead bankers on the deal.
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KfW drew strong central bank interest for a sterling tap on Tuesday, becoming the first SSA to print in the currency since last week’s UK general election.
