IFC jumps on 10 year dollar bandwagon

By Burhan Khadbai
19 Aug 2020

The International Finance Corporation has mandated banks to lead a 10 year dollar bond in what will be the fourth public sector borrower to sell a bond in this part of the curve this week.

Citi, HSBC, JP Morgan and Nomura will lead IFC’s new $1bn August 2030 global bond. The leads are taking indications of interest with initial price thoughts of mid-swaps plus 18bp area, ahead of an expected launch on Thursday.

"When one comes for 10 years, we ...

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