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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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Supranational hopes to fund more in euros in new fiscal year
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Paris-based supra receives its highest rating for more than a decade
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Borrower follows CPPIB into the market to net $1.5bn
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Supra set to raise $3bn from bond at ‘relatively tight’ level
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Inflation data in US and rising sterling yields encourage issuance
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German issuer has raised more than €60bn in 2023, with €25bn left to come