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◆ Deal 'tight from the outset, but deliberately so' ◆ Slim concession paid ◆ Washington supras in dollar focus
◆ German agency taps bond from 2024 ◆ Line reopened was ‘interesting’ but considered expensive by some ◆ 'No huge NIP' to start with, but book grew after modest tightening
◆ Canadian issuer's first benchmark in dollars, euros or sterling this year ◆ Dollar supply lull aids return ◆ Clean book and harsh allocations
◆ French agency prints last benchmark of the year ◆ Book tops €4.6bn despite thin hedge fund participation ◆ New issue concession estimated
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Issuers squeeze into Tuesday-Wednesday window as fruitful May nears its end
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French agency to revive long debated funding format to finance SME lending
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Second hybrid is among the deals that the MDB hopes to bring later this year
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◆ New environmental bond had a large size ◆ Book size was another record ◆ Pricing was close to the tightest European names
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New issue premiums evaporate as investors lap up yield and spy top of rate mini-cycle
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◆ Five year dollars 'road well travelled' ◆ Fair value estimated ◆ Pricing 'straightforward' given plenty of comps