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◆ Germany taps 2056s for second time this year, taking €4bn ◆ Spread was fixed from the start, rare for the issuer ◆ ‘Very, very flat’ 2054-2056 roll was key to the decision
◆ EIB achieves tight spread ◆ Very stable secondary market ahead of new supply ◆ ADB to follow EIB and World Bank
◆ Two German names appear on the same day ◆ KfW's spread 'more generous' this time ◆ 'Good quality' book for Rentenbank
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Latvia should be able to avoid the high concession Lithuania paid earlier this month -
◆ Portugal gets record book and syndication ◆ Now being called a 'core' eurozone sovereign
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◆ Deal came 20 months after debut ◆ NIP, senior-sub differential evaluated ◆ More issuers encouraged to follow?
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◆ First EuGB from Denmark, won’t be its last ◆ 1.5bp greenium achieved versus conventional twin ◆ Sovereign deal 'completes EuGB asset class'
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◆ German agency left with little to do in Q4 ◆ Huge book, but was it a surprise? ◆ Fair value views varied
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