KfW to stretch dollar green curve, IADB out with debut Sofr FRN

Dollars_US_Fotolia_230x150
By Burhan Khadbai
09 Sep 2019

KfW mandated banks for its longest ever dollar green bond on Monday, while the Inter-American Development Bank is taking indications of interest for its inaugural Sofr-linked floating rate note.

BNP Paribas, Citi and TD Securitieshave released initial price thoughts of mid-swaps plus 23bp area for KfW’s September 2029 green bond, which is being targeted at a size of at least $1bn.

“It was quite a surprise to see this,” said a head of SSA ...

Please take a trial or subscribe to access this content.

Contact our subscriptions team to discuss your access: subs@globalcapital.com

Or sign up for a trial to gain full access to the entire site for a limited period.

Free Trial

Corporate access

To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: subs@globalcapital.com or find out more online here.