World Bank goes for threes

Three_jars_coins_FIG_Adobe_230x150
By Burhan Khadbai
20 May 2019

World Bank mandated banks on Monday for its first three year dollar benchmark since 2017.

BMO Capital Markets, Citi, Deutsche Bank and Nomura have been picked to lead the July 2022 global dollar benchmark for World Bank.

The leads are taking indications of interest with Initial price thoughts at mid-swaps plus 3bp area. The bond is expected to be ...

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