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Domestic issuers crowd screens in Switzerland
Issuance recovers from last week’s wobble but concerns linger after issuers like KfW widen
KfW's Piet Jürging and Petra Wehlert discuss recent deals and the dollar's competitiveness
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◆ Finnvera joins dollar party in primary ◆ Attractive levels and lack of supply boost demand ◆ Another German issuer brings 10 year euro paper -
◆ ADB, KBN, OeKB price bonds ◆ Spreads to Treasuries in the spotlight ◆ Big books for all
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◆ First euro and social combo since 2022 ◆ Deal follows another MDB five year ◆ Market capable of absorbing similar deals
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◆ German sub-sovereigns back in 10 year euros ◆ Fair pricing, good pick up over KfW ◆ First deal to price on day of terminal outage
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◆ 'Modestly-sized' first syndication for FY 2025-26 ◆ Size balanced for secondary performance and liquidity ◆ DMO aims for consistency and predictability
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Deals across asset classes are back on track after unusual marketing extension
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