Top Section/Ad
Top Section/Ad
Most recent
◆ KBN and Quebec among SSA issuers paying no NIP in dollars ◆ Quebec faces 'difficult allocation' after mega demand ◆ CEB also in five year dollars
◆ ‘Very rare’ large book for a German sub-sovereign ◆ ‘New year, new levels’ in price discovery ◆ Tuesday’s focus on dollars, but ‘big’ euro mandates expected Wednesday
German issuer expected to seize 2026's first window for fourth year in a row
‘Exciting’ cross-market relative value opportunity on offer as issuers aspire to become regular euro visitors
More articles/Ad
More articles/Ad
More articles
-
French regions are expected to diversify their private placement deals in the coming year — issuing in yen, sterling and Swiss francs, according to MTN bankers. The regions will find particularly strong demand for yen issues as small Japanese investors begin to hunt for paper.
-
The State of North-Rhine Westphalia priced the first oversubscribed deal in euros in a week on Tuesday as initial price thoughts offered at a healthy spread to mid-swaps caught investors’ attention. The level of demand enabled the issuer to print a larger deal than targeted at the tight end of guidance.
-
City of Mainz made a strong entrance to the bond market on Tuesday, drawing a more than three times oversubscribed book to a five year floater and pricing at the tight end of guidance. The success of the deal could tempt other German cities to follow the issuer with bonds, said bankers.
-
State of Baden-Württemberg has around €300m of cash left to raise this year, after collecting €1bn from its first benchmark in nearly five years this week — a trade that reached full subscription but only after a slow book build.
-
British Columbia sold its debut dim sum bond on Friday, the largest ever in the format from a non-Chinese SSA. Central banks piled into the deal, keen on a rare opportunity to pick up triple-A paper denominated in renminbi.
-
British Columbia is set to price its debut dim sum bond on Friday, the first ever trade in the format from a sovereign or sub-sovereign issuer. Strong demand for the deal is expected to allow the issuer to price it tighter than initial guidance.