World Bank launches longest ever Sofr

Lewis McLellan

August 17, 2020 12:45 pm

DollarMoneyPot_Adobe_575x375 — Dollar bills in glass jar on wooden background. Saving money concept. | Photographer:Julia Sudnitskaya/juliasudnitskaya - stock.adobe.com

World Bank has printed a $700m bond linked to the Secured Overnight Financing Rate (Sofr) with a seven year maturity — the longest ever Sofr-linked bond from an SSA borrower.

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Topics

SSA Supras and agencies

LM

Lewis McLellan

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