JBIC to return to sterling market after long absence

By Lewis McLellan
22 Jan 2021

The Japan Bank for International Cooperation has picked backs for a sterling five year benchmark, replacing its last bond in the currency — a trade issued in February 2014 that matured in December 2020.

JBIC has mandated Barclays, HSBC and JP Morgan to run a series of meetings with fixed income investors beginning on January 25.

The issuer last printed sterling in February 2014, according to Dealogic. It sold £425m of bonds maturing in December 2020. Barclays, HSBC and ...

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