EIB lands record Sonia

By Lewis McLellan
11 Jan 2021

Sterling deals have received a superb investor response so far this year but perhaps none more so than Monday’s record setting Sonia floater from the European Investment bank.

The EIB selected BMO Capital Markets, Deutsche Bank, RBC Capital Markets, Standard Chartered Bank and TD Securities to run the books for a new six year Sonia benchmark. The leads opened books with price guidance of 19bp area over Sonia.

The book swiftly exceeded ...

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