German Sovereign
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Well-funded SSA issuers take their time, but weak secondary performance worries bankers
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EIB to test 15 year demand as agencies eye euros and dollars
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Sovereign cuts issuance by €60bn but market readies for another year of hefty SSA issuance
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More benchmarks of €1bn are planned for the year ahead
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Germany faces funding shortfall for 2024 but problem extends beyond Bunds to agencies and Länder
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The sovereign also expects to add a new point to its green bond curve
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Window opens up for sovereign as SSAs clear out for central banks and CPI
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… as long as it’s for the right price
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The issuer launches a long-end deal that beat expectations
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The sovereign plans to add to an existing 30 year benchmark
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EU built a robust book but Germany drew a more tepid response
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European sovereigns in good fiscal position to provide finance through energy crisis