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◆ Issuer leaves concession on the table to secure top accounts ◆ Pricing versus AFD deal ◆ Official institutions hold French agency spreads at the tights
◆ Sven Wabbels reveals four dimensions behind dual tranche call ◆ Seven year restraint as 1bp for four years more risk ◆ Pricing through Treasuries 'not a goal'
◆ Debut seven year priced through issuer's dollar curve, leads say ◆ Green label and no-grow size steady IFC through selloff ◆ Rival banker questions wisdom of July inaugural
◆ Steep government curve means investors need less spread on top ◆ French spreads widen, but AFD tightens ◆ Fair value 'a fluid concept' on inverted curve
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The International Finance Facility for Immunisation (IFFIm) sold its second Norwegian kroner vaccine bond on Thursday, following a donor pledge from the Norwegian government.
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Agence Française de Développement is looking to become the second European agency to head to the dollar market this week following an impressive result by Municipality Finance on Tuesday.
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Agence Française de Développement printed a €1bn tap on Tuesday, while Fondo de Amortisacion del Deficit Electrico (FADE) landed €1.2bn at five years.
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The Nordic Investment Bank raised NZ$400m ($260.9m) with its return to the Kauri market on Tuesday, as it prepares to wind down its funding ahead of the summer break.
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Trading levels given are bid-side spreads versus mid-swaps and/or an underlying benchmark and bid-yields from the close of business on Monday, June 22. The source for secondary trading levels is ICE Data Services.
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Kommuninvest has lowered its funding target for 2020 because of a smaller than expected need for lending after the initial shock of the Covid-19 crisis.