EIB, Cades soak up dollar demand ahead of Chinese New Year

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EIB, Cades soak up dollar demand ahead of Chinese New Year

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a lot of money - a million US dollars in cash | Ieva Geneviciene/Ieva Zigg - stock.adobe.com

The European Investment Bank and Caisse d’Amortissement de la Dette Sociale (Cades) took centre stage in the public sector dollar market this week, ahead of the Lunar New Year, with EIB selling its first 10 year benchmark in the currency since 2015.

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