Nederlandse Waterschapsbank
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Issuer left with ‘a lot of flexibility’ after actively pre-funding earlier in the year -
Neddies has funded €6bn so far this year and might reappear in dollar market
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Long-serving public sector funding official moves on after 30 years
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NWB Bank lands all-time record book
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Both names drew large oversubscriptions despite bringing similar trades
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Projects for the rest of the year include a five year dollar deal
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German issuer raised a whopping €9bn while two other SSAs together grabbed €2.5bn
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KfW announces ‘rather unusual’ euro dual trancher after revealing large programme last month
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Both supply and demand are on the rise to support more long-dated paper
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BNG and NWB nipped in to take €1.5bn each ahead of large deals from European giants
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Relative value of Dutch agencies has lured investors
