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New issue premiums in recent weeks were lower compared to the highs after the Iran-US conflict began
◆ Only 4bp paid over theoretical new KfW ◆ Länder bonds continued to be seen as expensive ◆ Will bank treasuries switch to EIB from Länder?
Mandates from Eurofima, Germany, Wallonia and the Free State of Thuringia
◆ Pricing was tricky after Hamburg’s recent five year ◆ Is 7bp the new magic number for Länder? ◆ Five year demand lacking, Thuringia to test 10 year
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Unédic, MuniFin and the State of Lower Saxony see ample support for trades -
German state brings ultra-long deal to thin market on eve of ECB meeting
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The country's oil dependants must build on the sovereign's net zero journey
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What the Swiss franc market lacks in size it makes up in pricing
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ABB, Bern and BNS showed that the Swiss market is open for well rated deals
