IFC hops into the Kanga long end

By Frank Jackman
29 Jul 2020

The International Finance Corporation sold the first SSA Kangaroo deal in over three weeks on Thursday, returning to the market with a A$100m ($71.9m) 11 year bond.

“We had a couple of accounts that expressed interest for the IFC, allowing us to execute the trade intraday today,” said a banker on the

The supranational initially raised A$75m of 1.25% February 2031 paper through TD Securities, before increasing the line for a further A$25m ...

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