IADB scrapes through long Sofr deal

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IADB scrapes through long Sofr deal

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

Inter-American Development Bank was the only issuer to hit screens in US dollars this week, raising $500m with a seven year bond linked to the secured overnight financing rate — its longest ever in the format.

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