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◆ Issuer's first green benchmark in 2026 ◆ Blended premium estimated ◆ Central bank/official institution allocations 'notable and high' for green label
◆ 'Impressive' and 'blockbuster' gush rival bankers ◆ Consensus on new issue premium ◆ Final deal size was amended
◆ Investor demand for 10 year dollars continues ◆ Secondary markets keep tightening ◆ Real money place structural bets in long end
Canada throwing full weight behind plan for new multilateral lender for defence funding
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◆ AfDB finishes benchmark funding for 2024 ◆ Recent swap moves warrants careful approach ◆ Issuers look for PPs and arb opportunities next
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◆ Development bank closes in on annual funding target ◆ Moving swap spreads a common consideration ◆ IDB Invest appears alongside sister organisation
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◆ Pricing tight despite 'conservative' start ◆ Dollar market still has the edge over euros ◆ Fellow European agency prints in euros
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◆ Issuer ups size on one tranche ◆ ‘Exceptionally strong’ day for euros ◆ Bloc has much more to raise
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◆ Transaction ‘complements’ short end sterling trend ◆ Development bank prices flat to curve ◆ A book size ‘which you don’t see every day in the sterling market’
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A busy pipeline is forming in the SSA market as the EU preps its next scheduled transaction