World Bank triumphs in threes, trails in 10s
The splash made by a sell-out $4.25bn three year bond by the World Bank priced on Wednesday was counterbalanced by an underwhelming 10 year tranche, the borrower’s first in the tenor since March 2006, which failed to make the benchmark grade.
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