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◆ No book update for €500m no-grow deal ◆ Surprising lack of demand for defensive trade ◆ Investors continue to cherry pick in big week for supply
◆ Spread to Land Hessen key to pricing ◆ Leads thought long and hard on whether to tighten ◆ 1bp move the right amount as book grew
◆ Three German states brought a new Joint Länder bond ◆ No book update, KfW curve guides pricing ◆ Flemish Community prints new 15 year
Second digital project won’t be the issuer’s last, Länder peers may be ‘interested and willing’ to join in
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The Province of Manitoba has made its first foray into euros after spotting an arbitrage opportunity to swap back to Canadian dollars.
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Indian power company Power Finance Corporation (PFC) has mandated three banks for investor meetings that could be followed by the company's international debut in the US dollar market.
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A trio of SSA issuers are set to pepper the euro curve on Tuesday, despite waves of volatility engulfing the market over the past few weeks.
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The Canadian Province of Manitoba has made its first foray into euros via a private placement, and is open to the possibility of coming back with a syndication.
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The Belgian City of Mechelen has hit the capital markets with a long dated medium term note, its first print in a year.
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They might not be on the ECB’s list but Germany’s Laender and municipals have never been in more demand in the bond market as they are now. Jonathan Breen finds out if they can capitalise on this golden opportunity to attract new investors.