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Recent Italy syndication prompts talk of change in how sovereigns manage syndicates
◆ Madrid plans 10 year deal ◆ Bpifrance set to launch EuGB ◆ MuniFin 'rare and well regarded'
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◆ 'Good outcome' for German states ◆ Spread to KfW tighter for longer maturities ◆ Prices tighter than 10 year deals from peers
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Lithuania paid little to no new issue premium
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◆ Views on fair value differed ◆ France syndication ‘the next big test’ ◆ Supra attracts €60bn final book
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Twenty year EBRD veteran to head climate strategy and delivery
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Danish agency prints in euros, will look for dollar and green windows
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◆ Sterling market still strong ◆ Fair value built out from peers ◆ US and Aussie dollar issuance to come
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