CEB out in dollars following FMS-W

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By Burhan Khadbai
19 Feb 2020

The Council of Europe Development Bank has picked the banks to lead its first dollar benchmark of the year, in what will only be the second public deal in the currency this week.

Bank of America, BNP Paribas, Deutsche Bank and TD Securities are taking indications of interest for a February 2025 $1bn no-grow with initial price thoughts of mid-swaps plus 9bp area, ahead of an expected launch on Thursday.

“It’s been an extremely slow start to ...

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