KfW tightens price on Canadian dollar return

By Craig McGlashan
14 Feb 2019

KfW made a strong return to the Canadian dollar market on Thursday after 3.5 years away from the currency, as it tightened pricing on its comeback deal. The German agency came alongside a green bond in the currency from a Canadian province.

Leads BMO Capital MarketsRBC Capital Marketsand TD Securitieswere set to price a C$1bn ($751.2m) three year global for KfW as GlobalCapital went to press.

The action started early Wednesday afternoon in London, with price thoughts of 8bp area through mid-swaps for a benchmark trade. Books opened officially ...

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