IFC hits sub-Libor target as investors lap up SSAs
The International Finance Corporation became the first supranational to achieve sub-Libor funding for a five year bond since 2008 when it issued a $2bn global on Monday. The deal highlighted the strong demand for SSA product at the short end of the dollar curve.
The European Investment Bank was also able to take advantage of the appetite for short dated triple-A assets, issuing a $4bn three year deal.
And next weeks trades most probably coming in the last issuance window before Easter could include a three or five year issue from
Please take a trial or subscribe to access this content.
Contact our subscriptions team to discuss your access: email@example.com
To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: firstname.lastname@example.org or find out more online here.