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ESM priced new €2.5bn 10 year at flat to EIB
◆ Issuer's first green benchmark in 2026 ◆ Blended premium estimated ◆ Central bank/official institution allocations 'notable and high' for green label
◆ 'Impressive' and 'blockbuster' gush rival bankers ◆ Consensus on new issue premium ◆ Final deal size was amended
◆ Investor demand for 10 year dollars continues ◆ Secondary markets keep tightening ◆ Real money place structural bets in long end
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New asset class firmly established as AfDB achieves the investor base and pricing it wanted, says treasurer -
The ready and the willing should ride the African Development Bank’s wave while they can
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Confidence of rate cuts to come as issuers keep printing
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German agency will tackle upper end of €11bn-€13bn funding range this year
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Joint Lander #64 and Eurofima take euros while EBRD goes for sterling
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A pair of German development banks also brought new issues on Tuesday
