JBIC and British Columbia quench dollar thirst

Japan Bank of International Co-operation and the Municipal Finance Authority of British Columbia gave investors more ways to invest their stacks of dollars on Thursday, though syndicate bankers say the pent up demand for bonds in the currency is still far from satiated.

By Mike Turner
16 May 2019

JBIC has set the size of its five year benchmark at $2.5bn and has brought the spread in by 4bp from initial price thoughts of mid-swaps plus 40bp to plus 36bp.

The spread on the deal has been sliding in throughout the day, with guidance of plus 38bp area ...

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