AFD
-
Issuer takes big size ahead of blackout, offering ‘right’ products to investors -
◆ Issuer well funded already ◆ Tightens 3bp, no fair value consensus among banks ◆ Demand covers size over three times
-
◆ More agencies jump into dollars ◆ AFD reopens French SSA dollar supply ◆ NWB beats size goal
-
Issuer will bring one of the largest programmes among French agencies
