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Only one of Canada's big five banks has yet to publicly support new defence bank initiative
◆ 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
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Issuer hopes to refresh its euro presence with a potential green bond
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Deal brings this year’s Kangaroo issuance to over A$25bn
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Benchmark deal flow to resume as early as the week of August 14
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◆ G20 tries again for MDBs to do more ◆ The investment case for Turkey after UAE steps in ◆ Will the CMBS revival be stunted?
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World Bank and others work on issuing hybrid capital, enlarging balance sheets
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Borrowers push out maturities, printing bigger size across conventional and labelled deals