World Bank prepares jumbo dollar test

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World Bank prepares jumbo dollar test

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

World Bank will find out whether what has been a resilient market for public sector dollar issuance over the summer can support a jumbo trade, after mandating for what will be the first such deal in dollars from an SSA since the spring. Swedish Export Credit Corporation is also out in the currency, going ahead despite some geopolitical and US governmental turmoil over the last few days — and more issuers are lining up to follow.

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