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Revival in overseas demand for French SSA paper
Deal will bring fourth major multilateral development bank to the market
◆ Other options on table but issuer opts for two taps ◆ ‘Huge books’ now a norm for the issuer, clear NIP this time ◆ EU’s curve evolves to resemble that of EGB peers
◆ Tightest level since IFC's three year print ◆ Investors recycle redemptions ◆ Programmatic and pragmatic approach
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Finland’s Municipality Finance has sold its first bond linked to one of the new risk-free rates, opting for the Secured Overnight Financing Rate for its $200m floater.
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The EU Commission has requested proposals for a benchmark bond expected to be priced in the week commencing July 12, having restored NatWest Markets and Natixis to its list of eligible dealers.
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NatWest Markets has created a new climate and environmental, social and governance (ESG) capital markets team, which will be led by Caroline Haas.
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After initially falling behind the pace set by the European Investment Bank, the EBRD has this week accelerated its target to align with the Paris Agreement on climate change by the end of next year
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The G20 has given hope to those wishing to see multilateral development banks increase their lending by stretching their capital further. If a breakthrough is made, ratings will be a crucial part of it.
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The G20 has given hope to those wishing to see multilateral development banks increase their lending by stretching their capital further. If a breakthrough is made, ratings will be a crucial part of it.