AIIB
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◆ Issuer achieves cover ratio record ◆ Other markets in play for remaining $3bn needs ◆ More SSA dollar issuance to come -
Key trade planned for 2025 executed to satisfaction, $4bn left to do
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◆ MDB adds another point on euro curve ◆ One benchmark per year printed since debut ◆ Deal got ahead of ‘rammed’ week for supply
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◆ From private to public in the currency ◆ New format, new investors ◆ ‘A lot of pluses’ in landmark ‘wonton bond’
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IFC ends a 30-year absence as Swissie market maintains a stellar form
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◆ Near-record book for new dollar bond ◆ Euro on the menu as part of $10bn-$11bn programme ◆ No pick up to peers, no problem
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◆ Joint largest size from non-UK public sector issuer ◆ ADB also raised £1bn ◆ Cross currency basis allows for sterling concession
