Islamic Development Bank
Rating: Aaa/AAA/AAA
Amount: $500m
Maturity: 27 October 2015
Issue/fixed re-offer price:100.00
Coupon:1.775%
Spread at re-offer:40bp over mid-swaps
Launched:Wednesday 20 October
Payment date:27 October
Joint books:CIMB, Citi, HSBC, Standard Chartered
Bookrunners comment:
Its important for IDB to continually position themselves within their multi-lateral and high grade peer group. The pricing on this deal ...Already a subscriber? Login
Further Reading
-
IPOs
European ECM suffers as US sell-off continues
-
Africa
'Everything else is secondary' to debt transparency as Zambia-IMF talks extended
-
Market News
China policy and markets round-up: CBIRC chief warns against inflow risks, issuers move to exchange market for carbon neutrality bonds
-
Regulation & Policy
Two Sessions special: China takes cautious approach to 2021 GDP growth, cuts budget deficit target and local government bond quota