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◆ Japanese agency had two day execution ◆ Spread not tightened ◆ Final order book falls short
Primary market for public sector unlikely to see large transactions until after Easter, reckon bankers
Market participants pray for no negative news overnight in hope of ‘pre-Easter wave of issuance’
Former corporate’s green deal will be first under new state guarantee regime
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◆ US gives further clues on MDB support ◆ FIG issuers face funding choices ◆ What's the point of the EU green bond standard? -
‘Rammed’ week ahead with EGBs, EU, EIB, KfW and many smaller names expected to keep investors busy
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US administration has cut funding for IFAD and said nothing about EBRD
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Key trade planned for 2025 executed to satisfaction, $4bn left to do
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Issuance plans sketched out but defence-orientated MDB must gain inter-governmental support first
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◆ MDB adds another point on euro curve ◆ One benchmark per year printed since debut ◆ Deal got ahead of ‘rammed’ week for supply
