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◆ Austrian agency benefits from rarity ◆ Two five year deals go head to head ◆ Tighter spreads by all metrics
Supranational has raised $14bn less than two months into new fiscal year but much more is to come, including deals from IDA
Month-end buying from investors in secondary market to determine backdrop for next wave of issuance
Issuer moves swiftly to avoid tricky calendar in September, achieves tight spreads
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◆ First post-summer French deal came earlier than usual ◆ Issuer weighs up options before taking Friday window ◆ New spread record set, near-record demand received
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◆ Canadian outfit moves early ◆ Deal priced at a narrow spread to top peers ◆ Issuer hits funding target but open to opportunities
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‘Strong book quality’ allows $4bn deal to be priced tight and trade tighter
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‘Pragmatic’ approach from borrowers set to benefit upcoming wall of issuance
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Issuer explains this week's pricing approach and how it weighed up size and price in the current spread environment
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◆ Third suprnational dollar benchmark of the week ◆ Deal was priced after swap spread leaps by more than 1bp ◆ 'Pretty strong' execution regardless