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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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French issuers also revelled in 'outstanding' issuance this week due to improved relative value versus peers
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German federal state attracts nearly €3bn of demand for inaugural social bond
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Two German issuers each took planned €500m from oversubscribed books on the same day as the sovereign
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◆ WA is the fourth Aussie state to issue a green bond ◆ More labelled Australian SSA issuance to come over the next year
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Issuers set to follow anticipated EU new issue with deals ahead of Federal Reserve’s next meeting