KfW

Erste Abwicklungsanstalt has hired banks to run a three year dollar benchmark — its first fixed rate benchmark in the currency — as leads on a deal in the same tenor for KfW were busy dealing with a book of over $7bn for a print capped at $4bn.

World Bank enjoyed searing demand on Wednesday for its first Kauri trade of the year, a five year note. Interest from a wide geographical base allowed the issuer to print the second largest trade ever in the format.

World Bank is set to sell a new five year Kauri bond on Wednesday, building on a good start to the year for New Zealand dollar issuance. KfW will join the supranational, after mandating banks for a tap of 10 year Kangaroo bonds.

KfW will sell its second dollar benchmark of the year on Wednesday, choosing a three year maturity in line with expectations. In the euro market Dutch winding up agency Propertize is likely to sell its second ever deal just a week after its capital markets debut.

Syndicate bankers are preparing for a busy week in dollars following the Presidents’ Day holiday in the US on Monday. KfW is expected to mandate for a three year deal on Tuesday and several other agencies are set to follow.

Read on to see how deals priced earlier in the year are faring in secondary. Trading levels given are bid-side spreads versus mid-swaps and/or an underlying benchmark as of Thursday's close. The source for secondary trading levels is Interactive Data.

Read on to see how benchmarks priced in January are faring in the secondary market. Trading levels given are the bid-side spreads versus mid-swaps and/or an underlying benchmark as of Thursday's close. The source for secondary trading levels is Interactive Data.

Read on to see how benchmarks priced in the first three weeks of the year are performing in the secondary market. Trading levels given are the bid-side spreads versus mid-swaps and/or an underlying benchmark bond as of Thursday's close. The source for secondary trading levels is Interactive Data.

Read on to see how deals priced in the first week and second weeks of the year are faring. Trading levels given are the bid-side spreads versus mid-swaps and/or an underlying benchmark bond as of Thursday's close. The source for secondary trading levels is Interactive Data.

Read the funding scorecard this week to see how selected European supranationals and agencies have got on in the busy first few weeks of the year.

Network Rail has hired a trio of banks for a five year dollar syndication as KfW was wrapping up a $4bn print of the same maturity on Wednesday.

KfW is expected to price its first dollar benchmark of 2014 on Wednesday, flouting expectations of a long dated bond by mandating banks for a more conservative maturity in the belly of the curve.