IFC sells biggest ever sterling bond as basis swap improves for non-UK funders
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IFC sells biggest ever sterling bond as basis swap improves for non-UK funders

Burhan Khadbai
October 07, 2020 04:00 PM
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The International Finance Corporation made a strong return to the sterling market on Tuesday by printing its biggest ever bond in the currency with a negative new issue concession, as issuance heats up thanks to an improvement in the cross currency basis swap for dollar and euro borrowers.

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NomuraJP MorganSSAIFCSupras and agencies
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Burhan Khadbai

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