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Smaller orders, missing hedge fund bids as market exits ‘white-hot’ phase and soon to switch to holiday mode
◆ Japanese agency squeezes out concession on $1.5bn 10 year ◆ Zero new issue concession ◆ Flat curve, longer duration
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
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Investors pile $6.1bn into rare print
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Supra’s first syndication of 2024 was bigger and priced tighter than expected
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The $2.5bn deal has given issuer more time to think about its next trade
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Issuer reveals plans for seven and 30 year combo
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Issuer keen to stick to past pattern of issuance to bring euro inclusion bond next
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Multilateral lender says greater liquidity in its deals has helped it to lure new investors