World Bank snags $6bn with SDB

By Lewis McLellan
21 Oct 2020

The World Bank blew the cobwebs out of the dollar market on Wednesday, raising $6bn with a five year Sustainable Development Bond.

The dollar market has been somewhat undersupplied over the past few weeks, with only a pricey short dated deal from Denmark this week.

World bank hit screens on Tuesday with initial price thoughts of 11bp area over mid-swaps. Barclays, Deutsche Bank, Morgan Stanley and

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