TD Securities
-
A pair of European SSAs priced sustainable and climate awareness Kangaroo bonds this week. The European Investment Bank priced its third climate awareness Kangaroo on Tuesday, while Bank Nederlandse Gemeenten brought it sustainability bond programme back to the Aussie market on Wednesday.
-
The recent redemption of a Norwegian government bond has led to an increase in Nordic currency issuance this week, according to one MTN banker. The European Investment Bank and KfW tapped these released funds to raise a combined Nkr1.5bn ($171.2m).
-
Kanagaroo bond market participants welcomed the prospect of ever lower rates in Australian dollars as four SSA borrowers priced taps over Tuesday and Wednesday.
-
-
Export Development Canada sold its second Sonia-linked floating rate note on Friday, which extends the issuer’s curve linked to the reference rate to 2024.
-
-
KfW and the World Bank brought well received socially responsible bonds to the market this week that set new landmarks for the public sector borrowers.
-
Kangaroo investors filled their pouches to the brim with a bumper World Bank tap on Wednesday. The supranational reopened its February 2024 Kangaroo to print the largest Aussie dollar tap in the SSA market since 2016.
-
The World Bank sold its first 10 year euro benchmark since 2009 on Tuesday, with the supranational going slightly through its own curve on its return, according to onlooking SSA bankers.
-
-
-
The Asian Infrastructure Investment Bank placed itself among the very top supranational names in the capital markets this week when its highly anticipated debut bond was priced in line with the likes of the World Bank and European Investment Bank. AIIB aims to become a regular issuer of debt, issuing across various currencies and structures to build a diversified funding programme.