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Head of funding Jochen Schader says strong promotional lending has pushed the 2026 target above €15bn, as the agency caps its dollar programme before the summer
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
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Agency could issue two to three more bonds, probably spread out over coming months -
Development bank now 82% funded for the year
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Agency attracts big book and raises $1bn with inaugural print
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Sector has 30% of its annual needs left to fund and the signs are positive for the race to year-end
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Sterling deal on the table for rest of the year, with similar target and strategy for 2025
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Two core currency benchmarks planned for autumn as issuer reaches 65% funded
