Rare pair of sterling floaters lands

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The World Bank and Export Development Canada hit screens with large sterling floaters in what was among the busiest weeks of the year in the currency.

By Lewis McLellan
17 May 2018

World Bank printed its first sterling floating rate note in almost six years on Monday, raising a whopping £750m with the deal — even though it was priced through the curve, according to leads.

Leads Barclays, RBC Capital Markets and TD Securities priced the trade ...

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