KfW and CPPIB break spread barriers in red hot dollar short end

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KfW and CPPIB break spread barriers in red hot dollar short end

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

KfW and CPPIB Capital achieved super tight pricings in the short end of the US dollar market on Thursday, with the former bringing the first deal with a negative spread to mid-swaps in the currency by a public sector borrower this year.

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