Tokyo and Kommuninvest latest tests of sizzling dollar primary

Japan Tokyo night 230px
By Mike Turner
20 May 2019

Tokyo Metropolitan Government and Kommuninvest released initial price thoughts on dollar trades on Monday, as investor demand in the currency remains high despite a run of deals last week.

A+ rated Tokyo Metropolitan Government is out with a $1bn no grow five year trade at initial price thoughts of mid-swaps plus 47bp area. 

Last week, fellow A+ rated Japanese borrower Japan Bank for International Co-operation printed a $2.5bn five year trade at 36bp over mid-swaps, suggesting there ...

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.