World Bank, KBN provide niche action in quiet week

By GlobalCapital
30 Oct 2014

The World Bank was busy in local currencies this week, printing its first deal in Mexican pesos this year and doubling the size of an 11 year Kangaroo bond.

The Washington supranational found demand for a MP1bn ($74.4m) two year on Tuesday, its first benchmark in the currency this year.

Leads JP Morgan and TD Securities priced the November 2016 deal with a yield of 2.675%, bang in the middle of guidance at 2.65%-2.70%.

The deal had ...

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