EIB brings dollar 10s back in sight with debut dual trancher

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EIB brings dollar 10s back in sight with debut dual trancher

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Side view of young businessman on cliff looking at dollar sign through binoculars. Wealth concept. City background | peshkova - Fotolia

The European Investment Bank on Wednesday brought the first 10 year dollar benchmark from a triple-A SSA since the first week of the year, and despite tricky conditions found sufficient demand to increase the trade from its initial $1bn target. Adding a touch of novelty, the deal was part of what Dealogic data shows was EIB’s first ever dual tranche dollar benchmark.

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