SSA names hit dollars in force

Dollars_US_Fotolia_230x150
By Mike Turner
15 Jul 2019

A trio of issuers burst into the sovereign, supranational and agency dollar market on Monday, as syndicate officials say they have been pleasantly surprised by how quickly the sector bounced back after a tricky period.

The Inter-American Development Bank is out with a dual tranche transaction, with the triple-A rated supra looking to raise $1bn minimum over two years and $1bn minimum over seven.

The short tranche is being marketed at initial price thoughts of 3bp area over mid-swaps, while the seven ...

Already a subscriber?

Continue reading this article

Try full access to GlobalCapital

Free trial