KfW
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Public sector issuers from across the spectrum brought deals in a variety of currencies
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Triple A-rated German development bank to borrow €80bn
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Market absorbed heavy Gilt issuance and a slew of supra, agency and FIG deals
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Sponsored by KfWThis decade is a decade of decision that will lay the foundation for the lives of future generations.
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Deal grows beyond expectation after month without issuance
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German issuer nipped in ahead of days of central bank meetings, data releases and public holidays
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The frequent borrower has secured refinancing but in smaller size
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German agency pays 4bp premium for a three year print at 46bp through mid-swaps
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Demand is stronger at the short end, despite tighter pricing
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A better day on Tuesday after some high volatility has encouraged borrowers to reveal mandates
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Issuers are expected to stick to the shorter end of the curve