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Head of funding for 16 years steps up at Nordic supra
As the Middle East war shakes bond markets, non-sovereign public sector issuers are proving their safe haven status
◆ German state executes intraday trade ◆ Tenor near ‘sweet spot’ on euro curve ◆ Fair value only ‘theoretical’ in current market
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◆ Large demand leads to large print ◆ Early momentum in quality book ◆ 'Everything flying' but spread to swaps also attracts
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◆ 'Really good' spread to KfW ◆ More German issuance to come ◆ Two-step tightening but no attrition
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The industry’s obsession with appointing co-heads plays into its reputation for competition rather than cooperation
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Risk of complacency flagged as issuers continue to fund into summer
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‘Historically impressive’ pricing achieved as funding for $19bn-$20bn programme begins
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Sustainability-linked bonds are the market’s best megaphone
Sub-sections
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Sponsored by Islamic Development Bank (IsDB)
Sukuk market’s next chapter: Financing the future, sustainably
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Sponsored by CAF – Development Bank of Latin America and the Caribbean
CAF gearing up to transform regional development
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Sponsored by European Investment Bank
European Investment Bank: Supporting sustainable development in North Africa
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