German Sovereign
-
Germany has announced its funding target for 2018, reducing its long term fixed-income target by €5bn from its 2017 number but aiming for a total, including short term instruments, of €183bn — up from €172bn in 2017. -
KfW has a slightly smaller funding target next year than for 2017, it said on Monday, as it looked to capitalise on investors’ desire for large, liquid bonds.
-
The City of Vienna’s long-dated loans are three times subscribed three weeks into the marketing process. As investor appetite grows for longer-dated maturities, corporates are beginning to find luck with the product.
-
The City of Vienna’s loans are three times subscribed three weeks into the marketing process, as investor appetite grows for longer-dated maturities.
-
-
Land NRW hit screens with a five year benchmark this week, as hopes grew that a coalition government at the federal level could be formed in Germany, following weeks of talks. GlobalCapital examines the BondMarker scores for deals in the weeks leading up to Germany’s federal election — held on September 24 — and in its messy aftermath.
-
The State of North Rhine-Westphalia launched a €2bn benchmark on Tuesday, printing with what leads said was zero new issue concession as the market prepares to shut down for year end.
-
Both Gilt-edged market makers and investors predominantly support a reopening of the UK's 2048 inflation linked bond for its final syndication of the 2017-18 financial year.
-
The German State of North Rhine-Westphalia has hit screens for a euro bond, coinciding with an easing of the political woes of its sovereign.
-
-
Eurozone public sector bond prices were largely unmoved late on Monday afternoon, despite talks to form a coalition government in Germany collapsing in the small hours of the morning.
-
The social bond market — though still nascent — is rapidly gaining momentum. Three public sector issuers made their debuts in the market this week, all of which met with enthusiastic approval from Europe’s community of dedicated socially responsible investors.
