IFC hops into the Kanga long end

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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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