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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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IFFIm model may prove valuable in reaching target -
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‘Role of multilateralism is crucial’ says Jingdong Hua, as World Bank treasurer announces retirementJingdong Hua, the treasurer of the World Bank, announced his retirement this week, marking the end of an illustrious career spanning across various development finance institutions in different continents where he witnessed several crises. GlobalCapital spoke to Hua about his career, the Covid-19 pandemic and his passion for multilateralism.
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SSA market open for cautious deals and liquid names
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Strong demand allows Danish agency to price inside curve
