© 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


◆ 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
More articles/Ad

More articles/Ad

More articles

  • SSA
    The Province of Manitoba issued on Wednesday its third dollar global deal this year. Lead bankers are expecting to price through initial guidance later in the afternoon with the book well oversubscribed.
  • SSA
    The Province of Alberta sold a 10 year Canadian dollar bond on Thursday, picking a window without competing supply ahead of an expected deluge of SSA and corporate issuance in September.
  • SSA
    The Canton of Neuenburg took advantage of a dearth of primary supply to print its first bond in two years on Wednesday. Demand was such that the issuer priced 2bp inside the initial range of price guidance.
  • SSA
    The State of Saxony-Anhalt printed its first sterling bond since 2001 on Tuesday. But Bankers are divided on the future of sterling issuance for German states.
  • SSA
    Dordogne has become the latest French administrative division to raise cash via a private placement as it printed its inaugural deal on Wednesday.
  • SSA
    Export Development Canada (EDC) and the Province of Manitoba entered the Kangaroo market on Thursday, the first offerings in Australian dollars from a Canadian borrower since July 2011.