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◆ Sovereign rides post-EU momentum, beats size target ◆ Deal priced flat to fair value ◆ Thuringia oversubscribed but Länder books shrink
French government vote and EU syndication to shape market in coming days
◆ Other recent German deals finished uncovered ◆ RV against KfW was important ◆ Some argue outcome 'not great'
◆ Third SSA in a week gets low demand ◆ Starting level 'seemed good approach' but fails to draw appetite ◆ Coupon level gives hope in secondary trading
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Hanover has become the first city to issue a green Schuldschein. The hope is that this transaction will be the first of many. -
The World Bank has raised HK$1bn ($127.39m) from its debut green bond denominated in Hong Kong dollars, making it the first supranational issuer to sell a syndicated green bond in the city.
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Hanover has become the first city to offer a green Schuldschein.
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Issuers from across the SSA galaxy enjoyed smoothly executed deals all along the euro curve, including one touching down in the currency for the first time.
