Tight dollar successes for KfW and Canada
KfW and Canada both launched dollar benchmarks on Wednesday, bringing a pair of highly subscribed and tight deals. Following their success, two Asian SSA issuers prepare to join the busy dollar market.
Infrequent issuer Canada launched a five year dollar benchmark on Wednesday morning.Joint leads BNP Paribas, CIBC World Markets, HSBC, RBC Capital Markets and TD Securities opened books with a spread of 7bp area over US Treasuries, 1bp in from initial pricing thoughts. ...
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