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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
◆ EIB achieves tight spread ◆ Very stable secondary market ahead of new supply ◆ ADB to follow EIB and World Bank
◆ Two German names appear on the same day ◆ KfW's spread 'more generous' this time ◆ 'Good quality' book for Rentenbank
Internal move fills gap after Hellerup became treasurer earlier this year
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Investors still favouring liquidity, but smaller issuers can get deals done
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ADB at 15 years and EAA in dollars fill pipeline in short week
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Getting investors' attention has rarely been more difficult
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Narrowing issuance windows means small borrowers will have to fight for attention against major issuers
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Smattering of public holidays means issuers will miss out on rare smooth spell
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Japanese issuer gets €1bn deal away but investor attention looked to be elsewhere