JBIC makes most of short dated demand
The Japan Bank for International Co-operation is set to price a $2.5bn two year global later today via Barclays Capital, Deutsche Bank and Morgan Stanley having attracted $6.5bn of demand for the issue. Pricing will be at 48bp over mid-swaps, inside the original 50bp-55bp guidance. To find out why the deal went so well, read EuroWeek on Friday.
Hélène Durand +44 20 7440 6025...
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