KfW in tilt at rare dollar 10 year bond, snags $3bn despite Treasury rally
KfW has broken an 11 month duck for 10 year dollar issuance by European SSAs with a $3bn global that was priced this week. There have only been three 10 year supra/agency bonds this year — one from KfW itself back in January and the others from Freddie Mac and the Province of Ontario in January and June, respectively.
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