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Province ‘well within comfort zone’ with borrowing target despite enlarged deficit
Issuer says 1bp of greenium was achieved with pricing
◆ Hesse prints largest European regional green bond ◆ ESM builds 'massive' book ◆ CDP tightens pricing by 6bp
Spanish regional issuer plans to issue a European Green Bond annually
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‘Rammed’ week ahead with EGBs, EU, EIB, KfW and many smaller names expected to keep investors busy
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◆ €1.7bn deal gets 2025 funding past the line ◆ Seven year print and 18 year social tap ◆ Bankers say market gives 'good results' and more supply inbound
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◆ Spain adds a new sustainable issuer ◆ No-grow deal was well oversubscribed ◆ Another European sub-sovereign next up
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◆ Deals offer pick-up to KfW ◆ Saxony offers 1bp of new issue premium ◆ BayernLabo prices tight
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Big name needed to shock pipeline back to life, according to bankers
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◆ Japanese issuer back with usual benchmark ◆ Difficult backdrop, ‘good for them to get this away’ ◆ Tier one issuer needed