KfW
-
Rare issuer brings lone trade in the currency while SSAs fund in dollars -
As 'greeniums' on public sector bonds are now hard to define, issuers are focusing on other advantages
-
German agency gets €19bn of orders despite slowdown before holiday
-
SSA issuers jump into first available window after several central bank rates decisions
-
Issuer estimated 2bp of premium, while onlooking bankers saw 0bp-2bp
-
Onlooking SSA bankers said KfW had landed tight pricing for new three year
-
Deal sets a pricing benchmark for SSA dollar green bonds in 2024
-
Are EU bonds too cheap, or are the likes of EIB and KfW too expensive?
-
Two other German SSAs bring deals on same day
-
Signs of indigestion in the market after record buying from investors
-
‘Textbook’ trade takes place in an otherwise quiet market
-
Issuers and bankers debate whether pricing against swap rates will become the norm or remain an exception
