IDA lines up 10 year dollars

By Lewis McLellan
23 Nov 2020

The International Development Association will hit the market on Tuesday for a 10 year dollar benchmark — the first since such deal Cades came in mid-October.

The IDA selected Bank of America, Barclays, HSBC and RBC Capital Markets to run the books for the deal. The leads have set initial price thoughts at mid-swaps plus 20bp area.

The trade will come to market alongside a $1bn five year social bond ...

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