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SSASupras and agencies

ADB squeezes out tightly priced seven year

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Asian Development Bank priced a $1bn 2021 bond on Friday at a level in line with initial price thoughts and guidance, in a markedly different approach to KfW a day before. The German agency started with a decent concession and was able to ratchet pricing in and sell the largest 10 year dollar deal in the SSA sector outside the United States.

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