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Only one of Canada's big five banks has yet to publicly support new defence bank initiative
◆ 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
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Market braces for end to tariff pause next month, headline risks and muddled rate path -
Out-of-the-box thinking takes issuer to 80% funded for the year
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◆ Issuers storm dollar market this week ◆ British Columbia follows Ontario to long end ◆ IDA taps two markets in two days
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The Canadian issuer may offer at least one more international benchmark this year
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◆ Sterling return personal best for IFFIm ◆ Evolving spread, growing following ◆ Little to no new issue premium paid
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◆ Canadian issuers return to dollars ◆ AfDB brings rare dual-trancher ◆ Kommuninvest offers diversification
