IFC returns to Czech koruna after long absence
The International Finance Corporation returned to the Czech koruna bond market after a 21 year absence this week to place the largest SSA deal in the currency since 2015.
The IFC placed a Ck650m ($28.0m) 1.1% May 2022 bond on Monday. TD Securities priced the trade at 99.818.
TD Securities also ran the last Czech koruna trade for the supranational in 1998: a Ck1bn 24% one year note.“This is a very rare currency,” said one ...