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Top section
Issuance across euros and dollars is set to rise
◆ EuGB label attracts second French agency ◆ Tight pricing to existing secondaries ◆ Label, no-grow language and marketing all help
Recent primary deals were well received, but some fatigue is creeping in as new deals line up
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Kommuninvest and Dexia take $2.5bn from short-dated trades
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Investor orders came to 14 times the deal size
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German sub-sovereign again proves that it 'owns the long end' in euros
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€1bn deal comes very tight to KfW and Germany
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Supra only needs to raise €6bn in 2024 and offered 'a unique buying opportunity' this week
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French agencies’ pricing versus govvies continues to compress
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