Kommuninvest

A US public sector borrower will bring a large green bond which will startle the US market, according to one market expert, as green bonds gain further importance after COP 21.

Kommuninvest is set for a hefty increase in its funding target next year — which could include a long awaited debut green bond during the first quarter.

Kommuninvest will receive a capital injection from its owners to help meet upcoming leverage ratio rules, but has not ruled out issuing additional tier one paper to raise further capital.

This week's scorecard looks at Scandinavian agencies and their targets for 2016.

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.

This week's scorecard features updates on the funding progress of selected Scandinavian agencies.

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.

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 new Norwegian krone line from KfW and a tiny Kangaroo tap from Kommuninvest made it to market this week despite difficult external conditions.

This week's scorecard features updates on the funding progress of Scandinavian agencies.