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◆ Attractive pick-up to KfW and other peers ◆ Atypical tenor no trouble ◆ SSA appetite strong
Pan-European stock exchange shares what was behind its recent decision to launch a defence bond label, how it may help both issuers and investors, and what lies ahead
◆ 'Amazing,' says rival banker ◆ Lack of 10 year issuance helped ◆ Pipeline for next two weeks 'looking good'
◆ Dealers slow to adjust Länder secondary pricing ◆ 'A lot of discussion' on order updates ◆ Covereds trade tight to Länder
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Sub-sovereign continues to chip away at its €9.6bn annual programme -
German sub-sovereign brings new deal as investors distracted by busy FIG market
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Well-funded SSA issuers take their time, but weak secondary performance worries bankers
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Germany SSA repricing needed but will Länder have to cheapen, or does KfW have room to tighten — and when?
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The German state needs to raise 20% more than initially planned
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Latest deal came 1bp through fair value, according to the issuer
