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Issuer leaves more NIP than earlier this year, as order sizes shrink after busy May and June
All as expected by the market, but lack of more details regarding bill issuance somewhat disappoints
◆ Deal 'tight from the outset, but deliberately so' ◆ Slim concession paid ◆ Washington supras in dollar focus
◆ German agency taps bond from 2024 ◆ Line reopened was ‘interesting’ but considered expensive by some ◆ 'No huge NIP' to start with, but book grew after modest tightening
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◆ Canadian issuer returns after two years ◆ Deal grabs record demand ◆ Leads were 'careful to get pricing right'
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Supranational’s chief financial officer speaks to GlobalCapital about the plans ahead
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◆ KfW issues its final dollar benchmark of 2024 ◆ Dollar cost improved but remains pricier than euros ◆ Agency peers BNG, KBN also found support
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◆ ESM wraps up 2024 funding early ◆ EFSF already completed its annual programme ◆ Issuer seen taking careful approach to pricing
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GlobalCapital sat down with Asian Infrastructure Investment Bank’s chief financial officer Andrew Cross to discuss what the supranational has achieved over the past nine years and what the future holds for the young MDB
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Next three to four weeks key if issuers are to complete 2024 funding early