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◆ Safer credits prove popular in uncertain market ◆ Alliander sheds orders as it punches through fair value ◆ Argan ends near five year euro absence
Red-hot corporate hybrid bond market could tempt more debut issuers
◆ Sentiment improves after ceasefire extended ◆ Handelsbanken nears record tights ◆ Jyske Bank attracts €3.3bn of orders
Japan’s sovereign, supranational and agency (SSA) borrowers continue to be among the most highly regarded issuers in global debt markets, supported by strong credit fundamentals and deep domestic demand. But with a complex geopolitical background, diverging global monetary policies, the Bank of Japan’s policy signals, and recent elections in the country, issuers are operating in an unpredictable environment.
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The country will be closely watched in its aim to deepen green debt demand and get a greenium
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Deal grows beyond expectation after month without issuance
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Investors still flocking to the structure as greenium is estimated at 5bp
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Caffil’s green label and early commitment to the size of the deal spurred demand
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Spain's Export Credit Agency Cesce will provide credit insurance for Iberdrola's €500m syndicated green facility
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