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◆ Issuer triples FRN size to $2.25bn ◆ Pricing came inside fixed rate secondary ◆ Sterling, Kauri deals also done this week
The usual supply slowdown moves fast into sight but issuance windows remain open for next two weeks
Issuer starts H2 benchmark funding on positive note, will focus on 'finetuning' in coming months
Issuer prices record dollar deal while also working on series of Amazonia bonds; first issuance could come this year
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Projects for the rest of the year include a five year dollar deal
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Issuer has already funded about 12% of its annual target in just three days
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‘Very, very strong’ first week sets up bigger test ahead
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New investors set to join through private placements in 2024
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Issuers including Portugal, CEB and BNG braved a short window to get their first deals of 2024 done
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World Bank hits Gilt spread sweet spot as AIIB relies on SONIA