IADB lines up Canadian dollar SDB

By Lewis McLellan
12 Aug 2020

Inter-American Development Bank will come to market for a Canadian dollar sustainable development bond on Thursday. The trade will share the market with a two year from Kommuninvest.

BMO Capital Markets, Bank of America and Scotiabank will run the books for the global bond. The leads have set initial price thoughts at 5bp area over mid-swaps.

“It’s a quiet market, which helps with demand,” said a banker at one of the leads. “There’s ...

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