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First Canadian province to visit euros in 2026
◆ Cautious start after spreads moved around ◆ KfW's spread tightens, but Länder unmoved ◆ ‘Real’ Länder-KfW spread yet to be established
German sovereign goes for conventional over green as smaller peers join a crowded Tuesday
Primary market shows strength but pockets of weakness a reminder that ‘1bp could make all the difference’
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Regional governments in several European countries could find problems funding 'the high cost of providing long term care (LTC) for their ageing populations' in the coming years, according to a Moody’s report on Tuesday. If ever there was a perfect market to be funded by the burgeoning social bond sector, this is it.
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The State of North Rhine-Westphalia is set to bring its longest ever euro benchmark, as public sector borrowers line up trades across the currency’s curve.
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A green bond and a conventional bond both hit the euro market on Wednesday. While neither aimed for size, the pricing action showed much hotter demand for the green offering.
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Two euro borrowers launched benchmarks on Wednesday, sharing the SSA euro market. While both secured successful deals, one found the market tougher going, as investors pushed back.
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Republika Srpska, an autonomous entity in Bosnia and Herzegovina, was set to issue a five year Eurobond at 4.75% on Friday, but those on the deal were not certain of reaching the maximum €200m size.