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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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Withdrawal consequences would depend on how much other shareholders stepped up -
◆ Prices 15bp through peer ◆ Fair value not easy to calculate ◆ IFB Hamburg prints too
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◆ EBRD priced off primary ◆ KfW achieves greenium? ◆ Tight pricing on both deals
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When Donald Trump contemplates his administration’s review of US involvement in multilateral development banks, there can be only one deal to make: the one he already has
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◆ Large size ◆ Pricing ‘on the money’ ◆ Getting squeezy versus OATs
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◆Another €11bn syndication from the bloc ◆ ‘Very modest’ new issue premium observed ◆ Pricing method development is ‘only natural’, France stability helps
