World Bank eyes first dollar benchmark of fiscal year

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By Mike Turner
20 Aug 2019

The World Bank has mandated for its first dollar benchmark of its fiscal year, as the issuer starts hacking away at its up to $60bn funding programme for the year.

World Bank is taking indications of interest on a 2024 Global at initial price thoughts of mid-swaps plus 13bp area. 

Barclays, JP Morgan, Morgan Stanley and TD Securities are running the deal. 

The borrower is looking to raise between $50bn and $60bn this fiscal year, which ends June 30, 2020.

The ...

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