KfW
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The window for SSAs to issue long duration opens and shuts in days -
Germany agency deal limps over the line as long duration euros remain a tough sell
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Issuer braves soaring inflation print and government spending statement
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Issuers print well through mid-swaps but are limited to bonds with defensive maturities
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Issuers stick to short maturities with rate rise expected on Thursday
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Danish sovereign green bond opens up local market
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KfW and CPPIB Capital print euros with chunky pick up to sovereign debt
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Primary market swoops up debt despite uncertainty over US Federal Reserve hawkishness
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Investor shift comes as ending Pepp and soaring volumes pressure spreads
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Market emerges from shadow of BoE activity that hampered late 2021 issuance
