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Bank’s €1bn transaction is most granular so far and found new buyers
◆ Eurofima made rare visit to euro four year conventional curve ◆ New issue premium estimated ◆ Region Wallonne grabs solid order book
Mandates from Eurofima, Germany, Wallonia and the Free State of Thuringia
The bloc's funding update and trio of central bank meetings held the SSA market's attention on Wednesday-Thursday
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Multilateral development banks including the International Finance Corporation and those covering Latin America and African have been accused of funding schemes that lead a loss of tree cover despite their environmental pledges
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In a rare interview, the head of the New Development Bank set up by the Brics nations, KV Kamath, tells GlobalMarkets of his vision of attracting a host of new members that his finance director believes will lead to lending volumes quadrupling within less than a decade
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The World Bank’s new managing director Axel van Trotsenburg tells GlobalMarkets how he and president David Malpass will deliver on the record capital package they negotiated a year ago by delivering results on the ground -
Ma Jun, a green activist who also sits on the monetary policy committee of the Chinese central bank, tells GlobalMarkets that multilateral development banks need to focus on risk mitigation, reduce the risk of default on demonstration projects and help local banks deliver more lending if they want to deliver on financing green infrastructure
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The World Bank seemed to find the point of investor exhaustion with its 10 year dollar deal on Wednesday following a recent spate of successful similar deals from other borrowers.
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Kommunalbanken has picked the banks to lead its first euro benchmark since 2017, while the European Stability Mechanism has sent out a request for proposals for its upcoming transaction.
