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◆ Nordic sovereign brings year's final euro deal ◆ Pricing strategy adjusted after secondary widening ◆ Land NRW attracts with pick-up over KfW
◆ 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
Summer is 'slowly but surely' ending with large issuers putting demand to test
'Everyone is ready for summer to be over' as SSA wave builds for Monday
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Korea Development Bank, the government-owned policy lender, launched its first global benchmark bond for over a year on Tuesday, printing a $1bn two tranche deal at an aggressive price and attracting many new investors.
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Central bank buyers were out in force in the dollar market this week, dominating the order books for the two benchmark transactions offered by Canada’s Export Development Corp (EDC) and Eurofima.