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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
◆ Dutch issuer brings new euro benchmark at last, with social label ◆ Most recent euro line opened over 10 months ago ◆ Peers' bonds helpful to pricing given BNG's absence
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Rating changes to EFSF, French agencies yet to come, impact expected to be minimal
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Domestic issuers crowd screens in Switzerland
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Issuance recovers from last week’s wobble but concerns linger after issuers like KfW widen
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KfW's Piet Jürging and Petra Wehlert discuss recent deals and the dollar's competitiveness
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Global head of funding Andrea Dore on this week's sterling and dollar transactions
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Major corporates pile into short end of the private placement market
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