Favourable spreads offer SSA MTN sterling spree

By Frank Jackman
13 Jun 2019

Three SSA borrowers issued a total of £200m ($255m) of medium-term notes in response to an inquiry for three year non-call one fixed rate sterling bonds on Tuesday — which probably all sold to the same buyer — amid an uptick of paper in the currency.

The World Bank printed £50m with a 0.8% coupon at par via HSBC, KfW printed £100m with a 0.75% coupon at an undisclosed price via Citi, and European Investment Bank printed £50m of 0.78% paper, also with an undisclosed issue price, via Morgan Stanley. All three notes have ...

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.