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International interest for German paper has grown
◆ Dutch lender's latest €2.5bn senior holdco follows Aussie domestic senior foray ◆ Comes a day after $1.5bn AT1 and before green RMBS ◆ Demand for senior unsecured assets is strong as ING clears big funding with limited, if any, new issue concession
◆ Issuer's first green benchmark in 2026 ◆ Blended premium estimated ◆ Central bank/official institution allocations 'notable and high' for green label
Bankers insist sustainability-linked loans are here to stay
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The sovereign has issued more ESG debt than any other emerging market government
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Issuer grabs one of its largest ever books in usual July trade
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Quality not quantity in a $1.1bn order book
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◆ DZ Hyp to sell short green deal ◆ Raiffeisen Bausparkasse readies debut ◆ Recent deals tighten against improving backdrop
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Demand for Turkey, where metrics are improving 'day by day', is still good, said one banker
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The Nordic market has been a nursery for ESG debt innovation since the market’s inception. Now banks in the region are working on new ways to fund the green transition, writes Frank Jackman