SSAs take advantage of low Nordic yields

By Frank Jackman
27 Jun 2019

A trio of SSAs made the most of low yields in Danish kroner and Swedish kronor to print paper with coupons hovering around zero this week.

The European Investment Bank brought its Climate Awareness Bond (CAB) framework to Danish kroner on Thursday to raise Dkr3bn ($456.8m). The 12 year zero coupon trade was the first SSA green bond in the currency. Danske Bank ran the deal. The issue price was undisclosed.

“That’s a proper old ...

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