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◆ Debut seven year priced through issuer's dollar curve, leads say ◆ Green label and no-grow size steady IFC through selloff ◆ Rival banker questions wisdom of July inaugural
◆ Steep government curve means investors need less spread on top ◆ French spreads widen, but AFD tightens ◆ Fair value 'a fluid concept' on inverted curve
◆ Early order book built before Middle East risk returned ◆ Seven year spread held steady as 'insurance' against volatility ◆ Format chosen to avoid straining 'finite pool of liquidity'
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Total for first half is more than all of 2023 inflows -
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Development bank now 82% funded for the year
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To insist that bankers only pursue jumbo deals is akin to asking traders to only buy stocks that go up
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Agency attracts big book and raises $1bn with inaugural print
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Sector has 30% of its annual needs left to fund and the signs are positive for the race to year-end
Sub-sections
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Sponsored by Islamic Development Bank (IsDB)
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Sponsored by European Investment Bank
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