OKB

The issuer made a swift return to the primary market after its first dollar Global of the year to take advantage of the 'depth and strength' of the sterling market. A euro ESG bond is still on the agenda

◆ Spacing out of trades has 'not been a consideration' ◆ Bank treasuries grabbing spread over asset swaps ◆ Central bank interest 'higher than previously'

Secondary market performance gave Austrian agency confidence to print

◆ Front-end and belly of dollar curve working ◆ Big order books ◆ Landed close to other recent trades