Kommuninvest kicks off busy dollar week

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By Frank Jackman
24 Sep 2019

Kommuninvest kicked off the dollar market this week with a $1.25bn blowout, despite it being at record tight levels over Treasuries, according to a banker on the deal. Following on from Kommuninvest’s deal, a wide range of SSAs look to print across the curve, including rare issuer IDB Invest with its five year dollar bond debut.

Bank of America, HSBC, JP Morgan and TD Securities ran the 1.625% October 2022 deal for Kommuninvest.

“We picked a good window without much competing supply, with a broadly stable market backdrop over the last 24/48 hours,” said a banker on the deal.

“For ...

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