© 2026 GlobalCapital, Derivia Intelligence Limited, company number 15235970, 161 Farringdon Rd, London EC1R 3AL. All rights reserved.

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement | Event Participant Terms & Conditions | Cookies

Sub-sovereigns

Top Section/Ad

Top Section/Ad

Most recent


Huge order book allowed the issuer to increase size of five year dollar trade
Issuer had already pre-funded in dollars earlier this year
◆ German state brings third deal of 2026 ◆ Investors appeared ‘insecure’, extra spread to KfW needed ◆ Minimal NIP paid, size target reached
Canadian province to maintain market-friendly funding approach and 'meet investors where they want us'
More articles/Ad

More articles/Ad

More articles

  • SSA
    A decision by the UK High Court on Thursday that the country’s parliament must vote to start the process of leaving the European Union could lead to market volatility in the weeks ahead, issuers and bankers have warned. The decision came during an eventful week for the UK, which also included a Bank of England Monetary Policy Committee meeting, a warning from Moody’s over single market access and a debut issue from Aberdeen City Council.
  • Aberdeen City Council was able to raise £370m on Tuesday with a bond issue that was the first ever from a sub-sovereign Scottish borrower.
  • The Province of New Brunswick on Friday broke Canadian sub-sovereigns' silence in the Swiss market, printing well above its minimum size target despite choppy conditions.
  • SSA
    A fourth issuer of the week has broken its record for longest dated syndication ever, while the European Financial Stability Facility wrapped up its 2016 needs with a trade that looked almost short end by comparison to the rest of the week’s euro supply.
  • A city in the north-east of Scotland that has been generating headlines of late for its links to the troubled oil market — as well to Donald Trump — is set to hit the road for a sterling bond issue.
  • The Canton of Geneva has offered a 40 year bond to the Swiss market, the longest public sector, non-government bond ever in the Swiss market.