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◆ Issuer well funded already ◆ Tightens 3bp, no fair value consensus among banks ◆ Demand covers size over three times
South Korean policy lender kickstarts 2025 funding following a month of political chaos
Mandates flood in for dollar and euro deals as EU prepares to offer dual-tranche deal
◆ Fair value tricky but British Columbia a marker ◆ NWB raises £250m ◆ 'Softer tone' in market
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Issuer to fund €4bn-equivalent across US dollar, euro, sterling and Swiss markets -
Ultra-thin spreads to OATs as agency quadruples its programme next year
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Spreads to OATs ‘touching the limits’ but investors unfazed for now
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Issuer to fund €2.5bn with an average maturity of eight years
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Inaugural €1bn bond planned as part of €2.5bn-€3bn funding target
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◆ Tuesday tap surprise was pre-funding ◆ Next year’s programme revealed ◆ Historical spreads facing French agencies
