NRW.Bank keeps SSA dollar market ticking over

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By Mike Turner
23 Jul 2019

NRW.Bank is taking indications of interest on a five year benchmark trade, though syndicate bankers still expect there to be a fizzle rather than a bang of SSA dollar issuance this week.

NRW.Bank is out with a $1bn no grow 2024 trade in its first dollar benchmark for 10 months. The issuer is taking indications of interest a 16bp area over mid-swaps.

Bank of America Merrill Lynch, BMO Capital Markets, Citi and JP Morgan are ...

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