Nederlandse Waterschapsbank

It has seemed crazy that so many issuers were prepared to sit the summer out given the benign market conditions in recent weeks.

Nederlandse Waterschapsbank (NWB) capitalised on the summer’s dwindling Swiss franc supply, especially at the long end of the curve in the SSA space, to price aggressively a 15 year bond on Thursday through its euro and Swiss franc secondary market levels.

The EIB and Nederlandse Waterschapsbank (NWB) tapped Nordic currency lines on Wednesday as international investors scurry for Scandinavian currency safe haven paper.

Nederlandse Waterschapsbank (NWB) used an opportunistic private placement to print its largest Australian dollar deal of 2012 — and similar deals from the issuer could be on the cards in the coming weeks.

Bank Nederlandse Gemeenten (BNG) has joined FMS Wertmanagement and Nederlandse Watershapsbank in taking advantage of the strong bid for sterling assets this week. It priced a £250m December 2018 bond on Thursday at 123bp over the Gilt.

Nederlandse Waterschapsbank (NWB) tapped a long-dated deal at ultra tight levels on Wednesday. The trade follows a sterling benchmark the day before. The issuer is looking to print opportunistic deals ahead of printing up to two benchmarks after the summer.

Nederlandse Waterschapsbank (NWB) has sold its first New Zealand dollar Eurobond since 2008. The issuer moved after secondary levels in comparable bonds had tightened strongly.

Kreditanstalt für Wiederaufbau (KfW) added SEK500m ($71.21m) worth of bonds to the unseasonally high level of activity in the Swedish krona market this week with a tap of its 2019 bond on Friday.

Nederlandse Waterschapsbank (NWB) grew its niche currency market presence this week as it added SEK200m ($28.65m) to its 2017 bond and priced a Sfr100m ($102.059) 2024 bond.

Nederlandse Waterschapsbank sold a £75m tap of its September 2016 notes on Friday, taking the total outstanding to £275m. The deal is the fourth of the week in a market that has previously lain dormant for weeks.

Like the cancellation of the Fade deal last week, this week’s disappointing dollar trade from NWB will do little to hinder the progress that SSA borrowers have made so far this year.