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◆ Rhineland-Palatinate's ISB pays a slim premium to print ◆ No-grow deal fully subscribed despite thinned-out market ◆ Brandenburg's ILB lines up three year
◆ Fair value estimated ◆ 'No fatigue' despite ongoing supply ◆ Increasing international investor base
Issuer has now completed dollar funding for the year, three euro deals planned for post-summer
◆ Province lands £600m 2030 debut inside British Columbia ◆ Book tops £1.8bn as investors back high-grade Canadian name ◆ Cross-currency basis and Gilt spreads keep sterling window open for Canadians
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◆ Issuer fully covers €1bn no-grow deal ◆ Weaker sentiment dents Länder’s tighter pricing trend ◆ Would another 1bp make a difference?
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Threat of tariffs between Nato allies push EGB yields down but 'sustainable shift into risk-off' not expected — yet
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Big demand but no ‘saturation’ just yet even with secondary market wobbling as issuers reward changing hedge fund behaviour
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◆ German state brings fresh paper after KfW sets benchmark ◆ Appropriate spread to KfW dominates discussion ◆ Has market weakened from last week?
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Finding right pricing ‘not easy’ but issuer navigates challenges to score record book and put important pricing point on euro curve
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◆ Issuer tests appetite with two stage tightening ◆ New issue concession estimated ◆ Buyers pile into Wallonia's shorter tranche