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World Bank enjoys strong demand with dual trancher

By Tessa Wilkie
19 Jun 2014

A Federal Open Markets Committee meeting and a holiday in much of Europe this week made opportunities for dollar benchmark issuance few and far between. World Bank leapt into the narrow window with an unusual dual tranche deal that seared its curve and attracted enough demand for the issuer to increase it from its target size.

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By Tessa Wilkie
19 Jun 2014