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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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Issuer grabbed window following EU syndication -
French agency returns successfully after postponing the deal last month
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‘Better execution and pricing’ to come as German agency expects to fund €15bn less than higher end of previous range
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SSA issuers priced before US inflation data is announced
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'Timing was essential' in bringing a deal from the country amid ongoing political uncertainty
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‘Brave’ choice to tap the 30 year part of curve but both tranches proved a hit
