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Former CFO of Asian Infrastructure Investment Bank reappears in new role
‘Volatility creates opportunities’ as market digests KfW’s new funding plan
Issuer will start the year with $8bn-$10bn guidance, but faces fleeting January window
Issuer could raise $2bn more than this year, putting a range of products on offer
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Issuers still planning to fund €3bn-€4bn in Q4 from green taps and non-core trades
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◆ Italian public development bank 'pricing like a credit' ◆ Investors drawn to three components ◆ MuniFin and New Zealand Local Government priced in dollars
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◆ 'Great result' for Dutch agency ◆ Capped size, social label helpful ◆ CDPQ brought 'very interesting' deal the day before
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◆ Deal came 20 months after debut ◆ NIP, senior-sub differential evaluated ◆ More issuers encouraged to follow?
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◆ German agency left with little to do in Q4 ◆ Huge book, but was it a surprise? ◆ Fair value views varied
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Portugal and KfW lead euro supply with five year as dollar market focuses on second AfDB hybrid