Top SSA credits fly as BNG looks to MTNs
The European Bank for Reconstruction and Development, Finland, the Asian Development Bank and Spain’s FADE took advantage of a window for issuance and strong demand to print well received benchmarks this week. KfW is also in the market with a three year euro to be priced at mid-swaps less 18bp. BNG announced it would look to long-dated MTNs for the time being.
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