IDA ‘in line with World Bank’ on dollar benchmark debut, other currencies to follow
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IDA ‘in line with World Bank’ on dollar benchmark debut, other currencies to follow

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The International Development Association wowed on-looking SSA bankers with its debut bond issue on Tuesday, with some saying it printed in line with sister issuer World Bank (International Bank for Reconstruction and Development). The borrower opted for dollars with its first trade, but is likely to be a regular name in the currencies making up the IMF’s special drawing right basket.

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