SEK takes $600m with four year arb deal

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By Burhan Khadbai
23 Jul 2020

Swedish Export Credit Corporation kept the public sector new issues market open on Thursday as it came with an opportunistic four year dollar trade on the back of a strong week for dollar borrowers.

Leads Bank of America, BMO Capital Markets and Morgan Stanley began taking indications of interest on Wednesday with initial price thoughts of mid-swaps plus 17bp area for a new $500m-sized July 2024 global bond.

The books opened on Thursday with over $500m of indications of ...

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