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◆ New bond priced before state election, far-right AfD leads polls ◆ JLM orders help carry deal across finishing line ◆ 'Fair' pick-up over Bunds but KfW spread ‘relatively tight’
◆ 'More defensive' five year tenor works well ◆ Record non-German demand, central banks show hands ◆ Länder-KfW spread 'at a good place'
Month-end buying from investors in secondary market to determine backdrop for next wave of issuance
◆ First 10 year Länder bond post-summer ◆ Pricing was fair versus KfW ◆ More diversified book than before
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Euro pipeline builds during period of light central bank activity -
Unédic, MuniFin and the State of Lower Saxony see ample support for trades
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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
