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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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‘Robust’ market has proven itself since summer, says lead -
French agency is keen to issue €4bn-€5bn of green and social bonds next year
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The EU must issue more 10 years if it wants a futures market
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Final demand of $3.8bn for IDA's second trade this funding year
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More SSAs eye deals but new week is set to be quieter than last
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Herbert Barth, former EU head of funding, becomes senior adviser
