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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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◆ IDA fair value more art than science ◆ MuniFin gets over 140 accounts in its book ◆ Madrid makes debut EuGB trade -
Higher volume, more tightening during execution and lower new issue premiums were recorded
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Four deals from a total of seven announced on Monday will price in dollars
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Investors nervous about duration and fear steepening, but new opportunities could open up for issuers
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Modestly sized euro and dollar benchmarks are being prepped for next week
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◆ 'Special trade' for the Dutch agency ◆ Bankers agree on NIP ◆ AIIB trade gives demand signal
