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◆ Tight level to US Treasuries and record book ◆ Market gets the 'tier one' name it needed ◆ Momentum builds for more SSA dollar issuance
◆ Investors 'not showing hands' as early ◆ Fair value debated by bankers on and off deal ◆ EU prices against own curve for only second time
Issuer returns to market with 10th euro social bond, reaches 56% funded
Head of funding Sven Wabbels and senior funding manager Jörg Graupner on KfW's recent euro deal
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Issuer hopes to issue more at the long end of its curve throughout 2023
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French and Nordic agencies pile in to take advantage of conducive euro window
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Three smaller SSAs gather over $12bn in orders between them
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Deals open busy week for SSAs in dollars
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Sovereigns take €7bn each while supranationals and agencies also keep euro buyers busy
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Issuers including Belgium and Italy are queuing up to access the market