ADB stretches sterling spate to December 2015
The Asian Development Bank (ADB) broke the mould for supranational sterling prints this year, eschewing the near ubiquitous December 2014 tenor for a £200m December 2015 deal on Tuesday. But the deal was not in the order of some of the blow-outs the sterling market has seen in the December 2014 maturity this year — the deal is thought to have failed to reach full subscription.
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