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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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Baden-Württemberg set to price FRN on Tuesday in so far quiet primary market
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The usual supply slowdown moves fast into sight but issuance windows remain open for next two weeks
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◆ Strong bids for euros and German bonds on show ◆ Deal came inside of secondary, pricing target ◆ €3bn left to do, another euro deal 'most likely'
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US fiscal woes across keep investors on edge as sensitivity to public debt grows
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◆ €250m deal went better than expected ◆ Spread to KfW key to pricing ◆ Land NRW sustainability next
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◆ Large demand leads to large print ◆ Early momentum in quality book ◆ 'Everything flying' but spread to swaps also attracts