TD Securities
-
◆ Kommuninvest spread surprises bankers ◆ KommuneKredit takes twice covered book ◆ ‘A tough one at the moment’ for euros -
Bankers split on expectations as ‘everyone has been in the market’
-
◆ Missing fast money causes problems ◆ Fair value is a moving target ◆ SEK sails through with no-grow
-
◆ Rare deal pairs payouts in the same tenor ◆ €1.5bn also raised in longer tranche ◆ No cannibalisation
-
◆ Usual intraday strategy serves issuer well ◆ ‘Very limited’ new issue premium ◆ Sister institution ESM still has €4bn to raise
-
◆ Greenium in play ◆ Smaller book, right price, 'happy days' ◆€10bn green issuance target met
-
◆ Blowout books ◆ World Bank goes for dual trancher and dual currencies on same day ◆ EIB success formula discussed
-
◆ Ten year Länder paper widens against KfW ◆ Deal strikes balance between size and price ◆ Investors on board despite deeply negative OAT spread
-
◆ OeKB jumps in early window ◆ Deal was its longest in sterling ◆ KfW finds window for small tap
-
German development bank launches opportunistic £650m deal in quiet window
-
Canadian province could bring dollar seven or 10 year and a sterling bond next
-
The senior unsecured Aussie dollar deal is the bank's first since 2021
