EIB
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As 'greeniums' on public sector bonds are now hard to define, issuers are focusing on other advantages
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Onlooking SSA bankers said KfW had landed tight pricing for new three year
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More than $10bn issuance expected as AIIB and KfW announce deals
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Are EU bonds too cheap, or are the likes of EIB and KfW too expensive?
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Luxembourg-based supra leads Tuesday’s deals as EDC and Land NRW also enter market
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A pair of German development banks also brought new issues on Tuesday
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QE era swap valuations driving bank treasuries into bonds
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EIB book ‘set to be an all-time record’ for an SSA issuer in the currency
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The two deals are priced off different benchmarks
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Sponsored by European Investment BankBertrand de Mazières, Director General of Finance at the European Investment Bank (EIB), retires this year after 17 years at the institution. During an august career he helped guide the bank through periods of global financial crisis and political turmoil. He was instrumental in the EIB’s evolution into a climate bank that has laid the foundations of a trillion dollar green bond market. But in a testament to the institution’s culture, what he will miss most is the people.
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Progress in aligning capital flows with a low carbon economy is still too slow