Dollar investors offer mixed receptions to SSA trio

IADB headquarters
By Mike Turner
16 Jul 2019

SSA names found the going varied in dollars on Tuesday, with the Inter-American Development Bank only just covering the minimum size of its tightly priced short end trade while Land NRW and L-Bank saw chunkier demand.

The Inter-American Development Bank, L-Bank and Land NRW are on course to print a combined $5.5bn of bonds before markets close, as the German issuers look to take advantage of a favourable shift in the basis swap.

IADB came with a two and seven year dual tranche, which one ...

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