European Bank for Reconstruction and Development EBRD

Issuer grabbed window following EU syndication

More than $10bn issuance expected as AIIB and KfW announce deals

Signs of indigestion in the market after record buying from investors

EBRD and BNG are both met with unprecedented demand

More issuers expected to print in US currency next week

EBRD and EIB to seek funding for vehicle to seed projects to save endangered Mediterranean

Renewed direct foreign investment to bring further frontier currency supply

The framework is expected to be compliant with the Covered Bond Directive

Development bank also exploring funding package for Ukraine

Georgia has become the latest country to signal its intention to develop a covered bond law, though given the small size of its mortgage market, issuance prospects are likely to prove limited.

The next 10 years will be tough for central and eastern Europe, economically and politically. Willingly or not, it will have to cut carbon emissions. States in the EU have agreed deep reductions by 2030. But exactly how, when and where the changes come remains to be thrashed out. None of it will be easy — and one of the most important tasks will be to retain the confidence of financial markets. Jon Hay reports.

This week's funding scorecard looks at the progress supranationals have made in their funding programmes at the end of June.