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◆ Issuer's first benchmark after after active start of year in PPs ◆ Deal attracts big book despite large tightening ◆ Only KfW priced with lower spread to USTs this year
International interest for German paper has grown
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
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AfDB strengthens treasury department with consultants, hires and promotions -
Issuance could include heavier focus on public sterling, Norwegian krone, Australian dollar and Swiss franc markets
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SSAs weigh up more pre-funding next year
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French agency aims to diversify currency mix via benchmarks and PPs, and execute euro taps
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Little progress made in Dubai on finance or adaptation, despite the fanfare
