Kommunalbanken hires for five year dollar benchmark

By Mike Turner
11 Jun 2019

Kommunalbanken has mandated for a 2024 dollar benchmark, as SSA bankers say the market remains positive for new issuance.

The triple A rated name is out with initial price thoughts of 17bp area over mid-swaps on the trade. 

Citi, Daiwa, JP Morgan and NatWest are arranging the deal.

Dollars have been popular among issuers this week, with the European Investment Bank and Inter-American Development Bank raising funds on Tuesday.

“The ...

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