‘Spectacular’ World Bank in $6bn return

27 Mar 2009

The World Bank priced a $6bn three year fixed rate deal on Thursday to affirm its status as the leading supranational issuer in the international capital markets.

The issue is the largest ever from a supranational in dollars and matches the $6bn three year blowout from Société de Financement de l’Economie Française (SFEF) in January.

More than 120 accounts placed over $7bn of orders for the deal which priced at 30bp over mid-swaps, the tight ...

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