Kommuninvest
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The trade is ‘most likely’ the final syndication this year after issuer exceeded the lower end of its targeted funding range -
AfDB and Kommuninvest stay in the three to five year part of the curve
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Public sector borrowers will slip into the market ahead of the US Thanksgiving holiday on Thursday
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Issuers take every opportunity to print as market turns tougher
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SSA prints totalling $2.75bn speak volumes about strength of bid in dollars
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Pre-funding unlikely as issuers look to complete year's borrowing in fraught markets
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Investors brush off selling momentum to buy short-dated Swedish paper
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Supra to price two tranches as IDA mandates for sterling and Scandi issuer returns to dollars
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Big borrowers urged to show leadership as dealers insist demand lies at the long-end
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Wave of deals comes after some borrowers had shunned dollars for months or years
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The dollar SSA rush continues as ECB and Fed meetings approach
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Both EIB and KfW also plan to sell seven year bonds with Belgium targeting 20 year
