Nimble 12 year ends EIB’s Sfr absence

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Nimble 12 year ends EIB’s Sfr absence

The European Investment Bank ended a six month absence from the Swiss franc market with a nimble 12 year note this week. The supranational quickly took advantage of a 12bp basis swap move in euro and US dollar based borrowers’ favour, issuing Sfr160m of 1.625% debt.

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