IFC sets three year spread low in fives as investors lap up higher yields
Mariusz Blach/Mariusz Blach - stock.adobe.com
The International Finance Corporation on Tuesday brought the tightest priced five year dollar benchmark in three years, at a level that bankers said looked in line with the supranational’s curve. Despite the measly spread over swaps, higher outright yields likely helped buoy demand.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
- ✔ 4,000 annual insights
- ✔ 700+ notes and long-form analyses
- ✔ 4 capital markets databases
- ✔ Daily newsletters across markets and asset classes
- ✔ 2 weekly podcasts
