Baden-Württemberg grabs attention with €1bn 2025 debut

January 15, 2025 03:31 PM

◆ German states are performing well ◆ Placing fair value for the Länder segment is hard ◆ 15-year deal tightened 3bp

Unlock this article.

The content you are trying to view is exclusive to our subscribers.

To unlock this article:

Request a Free Trial or Login

Topics

SSA Sub-sovereigns Euro DekaBank Deutsche Bank DZ Bank JP Morgan LBBW NordLB Germany Belgium Wallonia

Elias Wilson

SSA reporter GlobalCapital

Related articles

FIG

Nykredit pushes rare acquisition-driven funding

◆ Danish bank brings unusual M&A financing to FIG market ◆ Senior non-preferred and tier two issuance needs have doubled ◆ Will deploy 'very rare' senior and tier two combo

Atanas Dinov, January 15, 2025
Covered Bond Deal Reviews

Crédit Agricole scores euro covered flat to OATs

◆ No pick-up offered to French govvies ◆ Deal lands through fair value ◆ Investors still eager to pick up paper

Frank Jackman, January 15, 2025
Corporate Bonds

Investors pile into trickier sectors of IG corporate bond market

Auto and real estate companies attract chunky demand for syndications

Mike Turner, January 15, 2025
Corporate Bonds

Motability drives right past Gilt fiasco

Blowout demand for 20 year sterling tranche suggests investors are not beholden to rate volatility

Mike Turner, January 15, 2025
Covered Bond Deal Reviews

KEB Hana overcomes South Korean political instability to land covered bond

◆ Deal finds demand despite arrest of South Korea's president ◆ High single digit concession left for investors ◆ Leads added spread to calm concerns

Frank Jackman, January 15, 2025
FIG

Senior preferred market 'finds some resistance'

◆ LF Bank finds 'some resistance' to spread tightening ◆ Big divergence on FV ◆ Novo Banco spread 'astonishing'

Sarah Ainsworth, January 15, 2025