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◆ Another German issuer jumps into primary ◆ Orders rush in after pricing was fixed ◆ Does spread to KfW matter anymore?
◆ Aussie issuer returns after 2025 debut ◆ Asset managers like scarce international Australian risk ◆ Canadian names used to find fair value
Andreas Becker, head of treasury and pension fund for Land NRW, discusses borrowing strategy
Others quietly wait for bloc's syndication while KfW jumps into dollars, pipeline could be 'well filled' this week
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◆ Sub-benchmark deal attracts large book ◆ 'Quite a big milestone' achieved ◆ Fair value not straightforward, but pricing was through -
◆ €18.5bn demand for €1bn tap ◆ ‘Really fantastic’ deal completes 2025 funding ◆ 'Very tight' Bavaria struggles to attract
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We would welcome your feedback on the outlook for the SSA market
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Domestic names bring duration as earnings blackouts loom
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◆ Recent EU syndication provided encouragement ◆ Greenium debated ◆ ESG investors bolster orders
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◆ Big order book achieved ◆ Coupon set to land north of 4% ◆ Attractive pickup over swaps
