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Big demand but no ‘saturation’ just yet even with secondary market wobbling as issuers reward changing hedge fund behaviour
◆ German state brings fresh paper after KfW sets benchmark ◆ Appropriate spread to KfW dominates discussion ◆ Has market weakened from last week?
Finding right pricing ‘not easy’ but issuer navigates challenges to score record book and put important pricing point on euro curve
◆ Issuer tests appetite with two stage tightening ◆ New issue concession estimated ◆ Buyers pile into Wallonia's shorter tranche
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◆ German city state brings rare 20 year ◆ Pricing was tighter than peers' secondary ◆ Andalucía joins Basque from Spain -
◆ ESM set for first syndication of 2026 ◆ EIB drawn to popular 10 year dollar demand ◆ KfW taps sterling market
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Investors and bankers consider prospects for UK country's first bond issue
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◆ First deal from regions and agencies in Spain this year ◆ Bond lands just 4bp over Bonos ◆ How far can Spanish SSAs go from here?
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Inaugural government deal could come in late 2026 or early 2027
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First Canadian province to visit euros in 2026
