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Risk of complacency flagged as issuers continue to fund into summer
‘Historically impressive’ pricing achieved as funding for $19bn-$20bn programme begins
Fresh Nato commitments will test bond market capacity as major issuers reveal funding updates
◆ Issuer maxes out on size ◆ Short dated dollars made sense ◆ $6bn done so far, more to come
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Long-buried issue is brought to light, bringing hope of balance sheet growth — and probably more bonds
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Agency already counts 10% of highly rated callable capital but unlikely to go higher
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Deal was issued after new green financing framework was put in place
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Issuers ‘strike while the iron is hot’
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First research of its kind illustrates how little-known instrument could be used
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Not all issuers drew large oversubscriptions in mixed market