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After €1.25bn close to curve, Land's treasurer discusses reforms
◆ First euro deal from Candian province hits 'perfect storm' ◆ BNG and AFD print 15 years ◆ All tighten by at least 3bp
◆ Issuer strikes 'fine balance', prioritising size ◆ Pricing came in line with recent peers and KfW ◆ Have 10 year Länder bonds found their level?
North Rhine-Westphalia will get "a lot of legroom" to expand investments, treasurer says
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◆ Fair value uncovered after SSA repricing ◆ Printing €1bn 'looks like a stretch' ◆ Higher than average coverage ratio -
Massive market swings make analysing new issue premiums a challenge
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Wallonia and Hamburg tap bonds as bloc mandates tenth syndication
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◆ ‘Pragmatic’ issuer prices at new found level ◆ KfW bonds used as building block for pricing ◆ Deal should give ‘encouragement’ to others
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No tightening in sight but stability hopes rise as market digests US and German political upheavals. Next EU deal to offer direction
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Three issuers hit the market on Thursday, as pipeline builds for next week
