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◆ Five year 'would have been simple option' ◆ Building on success of World Bank ◆ Swap spreads steady despite heavy issuance
◆ Final euro benchmark done at optimal time ◆ Spread to KfW was key, little NIP paid ◆ Investor work has 'really come into fruition'
◆ ADB prices flat to EIB ◆ Deal expected to be its last dollar benchmark this year ◆ British Columbia also jumps in, Québec next
◆ Fast money acts quick ◆ Bank treasuries weigh ASW levels ◆ 'Real market opener' still awaited
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Regional borrowers from Belgium, Germany and Spain power surge in labelled bond issuance among SSAs
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Issuance from German states has increased 70% year-on-year
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Compatriots' recent deals helped provide clarity on pricing
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The Spanish region served up its sustainable debut to raise €500m
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Hesse takes €1bn after investors flock to Land NRW, Saxony-Anhalt and Land Baden-Württemberg
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Issuers target both the short and the long ends of the dollar curve