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◆ State development bank brings year’s first euro deal ◆ Long-end levels attract yield buyers ◆ ‘Encouraging’ signal for duration demand
◆ 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
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Kommuninvest will follow them into dollar bond market on Wednesday
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Some onlooking bankers had expected a larger trade
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The EU and sovereign issuers will keep SSA investors busy with year-end deals
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EBRD and EIB to seek funding for vehicle to seed projects to save endangered Mediterranean
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Market absorbed heavy Gilt issuance and a slew of supra, agency and FIG deals