Nordic Investment Bank NIB
-
◆ Larger-than-expected green bond launched ◆ Issuer takes advantage of much calmer market this week ◆ Dollar benchmark could come before summer -
The Nordic supranational offered local investors a triple-A rated credit and a spread to govvie
-
New issue concessions creep up as smaller, less liquid issuers suffer
-
◆ More tightening ‘doesn’t feel like the right thing to do’ ◆ New framework maintains dark green rating ◆ Dollar FRN on the table
-
◆ Starting level was wider than some expected ◆ New issue premium ‘creeping up’ in recent weeks ◆ New framework gets S&P rating
-
SSA bankers 'not terribly optimistic' about primary activity
-
Move in basis swap rate brings Swiss franc funding costs in line with core markets
-
Nordic supra plans to keep up pace of issuance into the summer
-
Finnish banker raised the funding profile of Nordic Investment Bank
-
Strong outing from supra despite swap-spread vol
-
Both names drew large oversubscriptions despite bringing similar trades
-
Another Nordic issuer also appeared in euros for the first time in 2024
