Superb conditions make dollars top choice for SSAs

By Lewis McLellan
09 Jul 2020

The dollar market has taken over from euros as the funding currency of the moment, with successful deals from KfW, Asian Development Bank, IFC and and Japan Bank for International Cooperation.

"Dollars is basically king at the moment," said a DCM banker. "This week has ratcheted levels tighter by 3bp to 4bp in the primary market, and other currencies won't be offering issuers the same kind of value you can get in dollars."

"Dollars is the choice of currency ...

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