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◆ Issuer's first benchmark after after active start of year in PPs ◆ Deal attracts big book despite large tightening ◆ Only KfW priced with lower spread to USTs this year
International interest for German paper has grown
ESM priced new €2.5bn 10 year at flat to EIB
◆ Issuer's first green benchmark in 2026 ◆ Blended premium estimated ◆ Central bank/official institution allocations 'notable and high' for green label
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KfW's Jürging and Wehlert discuss SSA market -
Records broken as World Bank Group issuers smash through new funding year
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First batch of post-summer new issues flooded with demand, but will it last?
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◆ 'Tightest spread ever' in dollar SSA primary ◆ Flat or through fair value debated ◆ Technicals could push spreads even more
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Supranational C-suiter and veteran banker added to DSR Bank body to bring MDB and market experience
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◆ Issuer's first euro 10 year for a while ◆ 'Exceptional investor base' built over the years ◆ Pricing tighter than OMERS and provinces in secondary
