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George Richardson and Randy Ewell on the issuer's first visit to the public benchmark market in 2026
Explicitly guaranteed Dutch utility company expected to trade tighter against govvie and agency peers
◆ World Bank's first benchmark public deal this year ◆ Sterling floater 'the right product' for issuer and investors ◆ Other borrowers eye windows in new quarter
◆ Corporate issuer repositioned as SSA ◆ Spread to Dutch govvie a primary focus ◆ 'Extremely high quality book' supports tighter pricing
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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
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◆ Issuer becomes second tier one in HK dollars ◆ 'Definitely' demand for labelled bonds in Hong Kong ◆ Sterling helps differentiate from crowd
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US Treasury market 'really moving' during execution, according to issuer