Public sector borrowers found the perfect window to issue dollar deals this week, following a sell-off across the US Treasury curve after the release of US non-farm payroll data that exceeded expectations last Friday.
The week saw four deals in the market, including KfW’s first tap of a fixed rate dollar benchmark since 2009. The other deals were by African Development Bank, Bank Nederlandse Gemeenten and Inter-American Development Bank, with the latter breaking a number of its own records for its rare 10
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