Dollars still red hot for SSAs as EIB and KfW tipped to come
SSA bankers are gearing themselves up for another round of dollar supply next week after the currency’s record breaking January. Buoyant conditions even allowed one issuer to bring a bulky benchmark, despite this week’s public holidays in Asia.
The European Investment Bank (EIB) and KfW are tipped as potential dollar borrowers for next week. Bankers expect them to come in with threes, as both have already sold at the five year part of the curve this year.
“The tone has been magnificent since the start of
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