No fireworks on World Bank’s return to 10 year dollars

World Bank 230
By Burhan Khadbai
16 Oct 2019

The World Bank seemed to find the point of investor exhaustion with its 10 year dollar deal on Wednesday following a recent spate of successful similar deals from other borrowers.

As GlobalCapital went to press, the borrower was due to price a $2bn October 2029 global dollar benchmark with a spread of mid-swaps pus 20bp, unchanged from initial price thoughts. Bank of America, Citi, JP Morgan and RBC Capital Markets were the leads.

The ...

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