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◆ Deal priced at same spread as Baden-Württemberg ◆ Pricing in high-20s versus swaps is new reality ◆ Länder spreads versus KfW remain intact
◆ Deal's reception 'exceeded all expectations' ◆ Final €2.75bn book a large one for Länder sector ◆ Curves of other German states and KfW referenced
◆ Iconic NYC spot powers CMBS revival ◆ Gilt market braces for Labour Budget ◆ Banks plan bonds for November undaunted by US election
◆ First euro deal for decades ◆ Tightened 2bp despite small book ◆ Break with previous issuance pattern
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The French issuer offered investors an unusual tenor -
British Columbia, Thuringia and Sagess will also price deals across dollars and euros on Tuesday
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Market shifts to favour returning issuer
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Land hits upper end of size target after being 'reasonable' about pricing
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A longer break before the January rush kicks in may be what the SSA market needs
