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◆ French agency raises €1.5bn seven year green bond with intraday deal ◆ Modest pick-up to issuer's curve offered, five months after it priced through ◆ Book shrank by €700m after final spread set
◆ Antoine Mannevy at AFD on UK political uncertainty ◆ Cross-currency inside euros keeps sterling arbitrage alive ◆ Mid-July deadline gone, another deal possible
◆ Spread to Land Hessen key to pricing ◆ Leads thought long and hard on whether to tighten ◆ 1bp move the right amount as book grew
◆ New green seven year prices 2bp inside guidance ◆ Peer comps helpful as old 2032s trade wide ◆ Recent S&P upgrade to boost bank treasury demand
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Further Nokkie supply expected as MuniFin raises Nkr5.5bn
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Primary market swoops up debt despite uncertainty over US Federal Reserve hawkishness
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Market gobbles up absorbs first roaring day of primary market trade in 2022
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French agency latest to pay negligible concession to print in the currency
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Issuers line up in euros, dollars and sterling and bankers reckon investors can absorb the lot
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Issuer sees little negative impact after ending tradition of publishing issuance windows