L-Bank and Manitoba keep dollar wheels turning

By Mike Turner
09 Apr 2019

L-Bank and the Province of Manitoba kept the dollar SSA market busy on Tuesday, launching deals totalling $2.5bn.

L-Bank priced its $1.5bn two year benchmark in line with guidance at mid-swaps plus 3bp. 

This gives around a 3bp new issue premium, according to lead calculations on Monday

Dollar issuers in recent weeks have frequently managed to get zero and negative new issue premiums.

“They set the ...

Please take a trial or subscribe to access this content.

Contact our subscriptions team to discuss your access: subs@globalcapital.com

Or sign up for a trial to gain full access to the entire site for a limited period.

Free Trial

Corporate access

To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: subs@globalcapital.com or find out more online here.