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Former CFO of Asian Infrastructure Investment Bank reappears in new role
‘Volatility creates opportunities’ as market digests KfW’s new funding plan
Issuer will start the year with $8bn-$10bn guidance, but faces fleeting January window
Issuer could raise $2bn more than this year, putting a range of products on offer
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◆ Issuer's first euro 10 year for a while ◆ 'Exceptional investor base' built over the years ◆ Pricing tighter than OMERS and provinces in secondary -
◆ ADB prices flat to EIB ◆ Deal expected to be its last dollar benchmark this year ◆ British Columbia also jumps in, Québec next
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◆ Top issuers return to dollars ◆ EIB 97% funded after popular deal ◆ World Bank 10 year both large and tight
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◆ Pricing tighter than some rivals expected ◆ Landing near secondary ◆ Diversified crowd of investors as treasuries grab ASW rolldown
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Curve underperformed but ‘there is demand at these wider levels’
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◆ Issuer takes 'pragmatic approach' ◆ Premium paid debated ◆ Bank treasuries target key level
