Kommunalbanken hires for five year dollar benchmark
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.