Canada and KfW line up in popular dollar market

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By Frank Jackman
13 Jan 2020

KfW picked banks on Monday to lead the dollar market's first three year SSA deal of the year, while infrequent issuer Canada is looking to ride the recent wave of five year dollar supply after appointing banks to lead a new benchmark deal.

The German agency has mandated BMO Capital Markets, Citi and Morgan Stanley to run the books for a three year global bond. The leads have offered initial price thoughts of mid-swaps plus 7bp area.

“KfW always starts the year a very popular name,” said a ...

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