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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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Central American supra has cut interest rates on loans to its members as it has gradually reduced its own cost of funding -
◆ More supras fund in dollars ◆ ADB carries supply with more to come ◆ DBJ opts for no-grow
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◆ Greenium in play ◆ Smaller book, right price, 'happy days' ◆€10bn green issuance target met
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◆ Blowout books ◆ World Bank goes for dual trancher and dual currencies on same day ◆ EIB success formula discussed
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◆ Issuers serve up five, seven and 10 year deals ◆ Finland takes record size in a decade ◆ World Bank access euro and dollar on same day
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◆ OeKB jumps in early window ◆ Deal was its longest in sterling ◆ KfW finds window for small tap
