World Bank shows off sterling credentials with super 10 year

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By Burhan Khadbai
13 Feb 2020

World Bank cemented its status as one of the leading sterling issuers in the public sector bond market with a record-breaking 10 year deal on Thursday.

After taking indications of interest (IOIs) on Wednesday, leads Barclays, JP Morgan and TD Securities opened the books on World Bank’s December 2029 with guidance of 37bp area over the October 2029 Gilt and over £600m of IOIs.

Investors continued to pile into the deal ...

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