SSAs seek currency-linked stimulus

Myanmar palace230x150
By Frank Jackman
21 Mar 2019

The issuance of two currency-linked notes on the private market should help stimulate local currency markets in Myanmar and Ukraine according to one syndicate banker.

The Netherlands Development Finance Company was active in dollars on March 14, linking its $5m issue to Myanmar kyat. The ING-led synthetic issue had a 9.05% coupon. The European Bank for Reconstruction and Development privately issued a $34.5m Ukrainian hryvnia-linked note through the Bank ...

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