CPPIB jumps into scorching sterling market

By Burhan Khadbai
13 Jan 2020

CPPIB Capital is looking to take advantage of a red hot sterling bond market after hiring banks on Monday to prepare its debut trade in the currency.

Bank of America, Barclays and Citi have been appointed to arrange investor calls from January 13-16, ahead of a sterling fixed rate five year benchmark, which may follow, subject to market conditions.

“The sterling market is clearly in great shape,” said a head of SSA ...

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