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CEB plans to print more structured notes and may launch inaugural Sofr bond in 2026
GlobalCapital is pleased to announce the shortlist for its inaugural MTN Awards
PIF's commercial paper programmes have been rated by S&P
EDF and Mowi tapped private placements in their home currencies
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Supranationals have delivered a spurt of niche currency medium term notes, returning to old favourites like South African rand as well as making use of demand for more exotic currencies, particularly in Latin America.
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The African Development Bank has sold its longest MTN ever, leading a spurt of long dated private placement euro issuance from public sector borrowers.
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KfW has sold Europe’s first blockchain-based bond, although a quirk of German law meant the transaction had to be replicated on paper. While the bond was instantly settled, those involved say a crucial component is missing if this technology is to become part of capital markets’ infrastructure: a cash settlement facility on a distributed ledger.
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Mizuho has hired Julie Edinburgh to fill a new position: head of vanilla MTNs.
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KfW has entered the Blockchain race, after simulating a trade in real time using distributed ledger technology, the agency said on Monday.
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The MTN market has produced a slew of dollar trades while the syndicated market was subdued by the midweek Federal Reserve meeting. Supranationals in particular have been able to pick up some sizeable dollar funding.