KommuneKredit's deal, which failed to reach full subscription received the poorest scores of the week. Voters found little to criticise about the structure and maturity of the trade, for which it received a respectable seven. Timing also clocked in at just under seven, indicating that there was nothing wrong with the window KommuneKredit selected. Where the deal slipped up was pricing. It received under five for pricing, investor quality and performance. Bankers away from the trade commented at the time that the price was overly aggressive.
Asian Development Bank's $1.75bn four year trade received respectable eights across the board, pulling off an excellent trade at the often tricky four year maturity.
However, the deal that received the best scores this week was Caisse des Dépôts et Consignations's £300m three year, which drew particularly high praise for performance, pricing and timing.
