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Smaller orders, missing hedge fund bids as market exits ‘white-hot’ phase and soon to switch to holiday mode
◆ Japanese agency squeezes out concession on $1.5bn 10 year ◆ Zero new issue concession ◆ Flat curve, longer duration
Head of funding Jochen Schader says strong promotional lending has pushed the 2026 target above €15bn, as the agency caps its dollar programme before the summer
Issuer leaves more NIP than earlier this year, as order sizes shrink after busy May and June
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KfW's 'prime product' achieved double figure oversubscription as investors crowded in -
Five issuers fight for investor attention in a crowded market
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'Efficiency game' continues as UK looks to make progress with CBDC
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Whirlwind week ahead for public sector market as a dozen SSAs race to issue
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German issuer’s first sustainability deal was many times covered
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ESG specialist joins from UniCredit
