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Investors pay little heed to alarming worsening of climate
‘A fair outcome’ for both issuer and investors achieved, stable spread to KfW proved invaluable
National Grid, NatWest and Roche lead a broad mix of issuers this week
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◆ French agency raises €1.5bn seven year green bond with intraday deal ◆ Modest pick-up to issuer's curve offered, five months after it priced through ◆ Book shrank by €700m after final spread set -
◆ No book update for €500m no-grow deal ◆ Surprising lack of demand for defensive trade ◆ Investors continue to cherry pick in big week for supply
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◆ Antoine Mannevy at AFD on UK political uncertainty ◆ Cross-currency inside euros keeps sterling arbitrage alive ◆ Mid-July deadline gone, another deal possible
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Supra bond shows size is available in Swiss francs for digital deals
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Bank of England's repo change tempts new issuers after fewer, bigger deals and a floater boom marked the first half of year
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◆ Spread to Land Hessen key to pricing ◆ Leads thought long and hard on whether to tighten ◆ 1bp move the right amount as book grew
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European Investment Bank: Supporting sustainable development in North Africa
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