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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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◆ €18.5bn demand for €1bn tap ◆ ‘Really fantastic’ deal completes 2025 funding ◆ 'Very tight' Bavaria struggles to attract -
We would welcome your feedback on the outlook for the SSA market
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Domestic names bring duration as earnings blackouts loom
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◆ Recent EU syndication provided encouragement ◆ Greenium debated ◆ ESG investors bolster orders
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◆ Big order book achieved ◆ Coupon set to land north of 4% ◆ Attractive pickup over swaps
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◆ New investors after European roadshows ◆ Issuer receives 'a lot of attention' from dealers ◆ Achieving liquidity and competitive pricing in swaps important
