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First Canadian province to visit euros in 2026
◆ Cautious start after spreads moved around ◆ KfW's spread tightens, but Länder unmoved ◆ ‘Real’ Länder-KfW spread yet to be established
German sovereign goes for conventional over green as smaller peers join a crowded Tuesday
Primary market shows strength but pockets of weakness a reminder that ‘1bp could make all the difference’
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Regional borrowers from Belgium, Germany and Spain power surge in labelled bond issuance among SSAs -
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
