EBRD out for dollar three year

By Lewis McLellan
29 Jun 2020

The European Bank for Reconstruction and Development (EBRD) hit screens with a $1bn three year on Monday.

BMO Capital Markets, Citi, HSBC and Morgan Stanley are running the books, accepting indications of interest at mid-swaps plus 7bp area.

"The dollar market is back as a funding currency for European borrowers," said a banker away from the trade. "In the early stages of ...

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