EIB continues to head north with Nkr tap
The EIB continued its run of Nordic currency-denominated supply with a tap of its 2017 Norwegian krone bond this week. Bankers said that the deal provided evidence of growing interest in high grade paper in currencies from the region.
The Nkr400m ($74m) tap followed a Skr500m ($80m) 11 year bond last Tuesday. SSA issuance in these markets has been on the rise. With Norway and Sweden having cut government bond supply on the back of positive budget performance, investors have cash to put to work.
"Norwegian government bonds
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