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◆ Supra raises €2bn instead of €3.5bn ◆ Impact on other SSA deals considered ◆ Deal seen as 'quite tight'
CAF's Manuel Valdez discusses the issuer's huge blowout and future funding opportunities
Primary market unruffled, but EFSF and EU to test sentiment next week
German SSA issuers may adopt different strategies for upcoming deals
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◆ First euro and social combo since 2022 ◆ Deal follows another MDB five year ◆ Market capable of absorbing similar deals
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◆ Biggest book for Rentenbank in any currency, according to lead ◆ Agency raises $1.5bn ◆ Sets stage for more dollar issuance
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◆ CDC raises £500m for first time ever ◆ KfW sets spread from the outset ◆ Two day execution helps distribution
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◆ British Columbia and Paris print 15 years ◆ Ico tests tight spread versus Spanish govvie ◆ IDA brings rare euro five year
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As the EBRD launches a new Taskforce and securitization grows, specialists say development banks should reveal more about their assets
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◆ Third benchmark trade from Luxembourg-based supra this year ◆ Govvie yields higher after US downgrade but issuer undeterred ◆ Execution was quick and typical