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◆ Spread to Land Hessen key to pricing ◆ Leads thought long and hard on whether to tighten ◆ 1bp move the right amount as book grew
◆ Three German states brought a new Joint Länder bond ◆ No book update, KfW curve guides pricing ◆ Flemish Community prints new 15 year
Second digital project won’t be the issuer’s last, Länder peers may be ‘interested and willing’ to join in
◆ Half-year close keeps some issuers on sidelines ◆ Bankers expect big euro supply to come ◆ More concession on pricing could be required
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The issuers are pioneers for more Chinese local governments to sell offshore bonds -
Pipeline of deals emerge following EU's record breaking green debut
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Local government prices three dim sum bonds 15bp inside the yield curve of the Chinese policy bank
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The Shenzhen government will be the first out of the door with a triple-tranche deal featuring two green bonds
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Lack of euro SSA supply drives demand despite rates sell-off
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