JBIC returns with ‘monster’ dual tranche, Alberta goes for fives

grab dollar_230px
By Burhan Khadbai
24 Oct 2018

Japan Bank for International Cooperation took advantage of the lack of competing supply and good demand in dollars to suck $3bn out from the primary market on Wednesday. Meanwhile, the Province of Alberta has mandated banks for its third benchmark of the year.

Leads Bank of America Merrill Lynch, Daiwa, Goldman Sachs and Nomurawere due to price a $2bn October 2023 at mid-swaps plus 29bp and a $1bn October 2028 at mid-swaps plus 43bp for JBIC later on Wednesday. 

Following initial price thoughts on Tuesday of ...

Already a subscriber?

Continue reading this article

Try full access to GlobalCapital

Free trial