EIB
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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
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The supranationals will set the tone for a month crowded with issuance
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Dollar strength shines through with euro deals lacklustre
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Reluctance to show hands has led to smaller books and higher concessions
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Outgoing de Mazières will remain a senior advisor at the bank until his retirement next year
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DBJ also came out on Tuesday with larger than usual tightening
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EIB, KfW and BNG lead peers as expected, alongside DBJ which announced last week
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Issuers tasked with resuming public sector's autumn supply in the past will do the same this year
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Issuance boost for currency as supra joins CPPIB in issuing £1bn
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Stars align for investors as supra nears end of funding programme ahead of summer