KBN out with 10 year in dollars while IADB opts for fives

Kommunalbanken is looking to take advantage of the hot demand in the long end of the dollar curve, while the Inter-American Development Bank has chosen a more common maturity in the belly of the curve.
KBN has picked Bank of America, BMO Capital Markets, Citi and Morgan Stanley to lead a June 2030 RegS/144A dollar benchmark. The leads are taking indications of interest with initial price thoughts of mid-swaps plus 40bp area.
As reported by GlobalCapital last week,Already a subscriber? Login