World Bank returns to 10 year dollars, Finnvera readies second outing
The World Bank appointed banks on Tuesday to lead its first 10 year dollar benchmark in almost two years to join a flurry of SSAs who have recently ventured into this rarely visited part of the curve in the currency. Meanwhile, Finnvera has mandated banks for its second syndicated trade of the year.
Bank of America, Citi, JP Morgan and RBC Capital Markets are taking indications of interest with initial price thoughts of mid-swaps plus 20bp area for World Bank's October 2029 global dollar benchmark, which is expected to be priced on Wednesday.It will be World ...
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