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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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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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Investors take advantage of rise in Gilt yields
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Portuguese sub-sovereign braves Evergrande-inspired volatility
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Supra pulls in €103bn of demand to set up ideal backdrop for peers