KommuneKredit
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‘Things didn’t add up’ for a tap until this week
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If the pricing lines up and the investor base is there, SSA borrowers are willing to pull the trigger
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Hopes that ‘the party’ will go on in a market that has not always had open access of late — but Congress drama could shut it down
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Both issuers took in enough demand to issue $1bn deals
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More public sector borrowers are looking at Swiss francs, but the market is not there for every name — yet
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KommuneKredit, BNG sell rare offshore Swiss franc SSA deals
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Issuers weigh up timing for next deals
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Market absorbed heavy Gilt issuance and a slew of supra, agency and FIG deals
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Investors still favouring liquidity, but smaller issuers can get deals done
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Eske Hansen, chief funding and investor relations manager at KommuneKredit, will be leaving at the end of the month after more than two decades at the Danish agency.
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This week's scorecard looks at the progress Nordic agencies have made in their funding programmes in early July.