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Now 75% funded for this year, the agency is planning another benchmark for after the summer
◆ 'Really good' spread to KfW ◆ More German issuance to come ◆ Two-step tightening but no attrition
Risk of complacency flagged as issuers continue to fund into summer
‘Historically impressive’ pricing achieved as funding for $19bn-$20bn programme begins
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Draft strategy document for 2024-29 downplays green transition, emphasises defence
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Pricing from swap curve has taken a firm hold in 2024
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Issuer passes 70% funding mark after upsizing in social format for the first time
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Issuer intends to focus on conventional dollar bonds but euros and green deals are also possible
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Little is being done to protect society from climate change’s worsening effects
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German issuer upsized the deal despite sell-off in rates