Kommuninvest
-
Swedish agency plans to print its first social bond but has not decided in which currency
-
◆ Kommuninvest spread surprises bankers ◆ KommuneKredit takes twice covered book ◆ ‘A tough one at the moment’ for euros
-
Agency could issue two to three more bonds, probably spread out over coming months
-
Kommuninvest and Dexia take $2.5bn from short-dated trades
-
Swedish issuer bags largest ever print in single currency with first syndication of 2024
-
The trade is ‘most likely’ the final syndication this year after issuer exceeded the lower end of its targeted funding range
-
AfDB and Kommuninvest stay in the three to five year part of the curve
-
Public sector borrowers will slip into the market ahead of the US Thanksgiving holiday on Thursday
-
Issuers take every opportunity to print as market turns tougher
-
SSA prints totalling $2.75bn speak volumes about strength of bid in dollars
-
Pre-funding unlikely as issuers look to complete year's borrowing in fraught markets
-
Investors brush off selling momentum to buy short-dated Swedish paper