The Netherlands Development Finance Company debuted the first offshore Bolivian boliviano bond last Friday. Meanwhile on Monday, French agency Caisse des Dépôts et Consignations again returned to the ultra-long end to place a pair of callable euro notes.
Netherlands Development Finance Companyplaced a $5m 5.75% September 2021 synthetic Bolivian boliviano-linked note on Friday. The note pays and redeems in dollars, and is linked to the dollar/Bolivian boliviano exchange rate. Citi priced the deal at par.
The currency-linked bond was structured by TCX, the Currency