Inter-American Development Bank IADB
-
Supra to bring one more dollar benchmark before year-end -
SSA issuers priced before US inflation data is announced
-
Dollar-based funders return to the primary market
-
Issuer will move to focus on euro and Kangaroo markets for rest of 2024, though another dollar deal is also on the cards
-
Primary activity is set to ease into next week as Lunar New Year holidays take place
-
IADB, DBJ and CPPIB all grabbed large order books
-
The bank will update its SDB framework this year for the first time
-
Supra to raise $19.5bn, subject to cash flow changes, versus $18.8bn in 2023
-
Supranational takes $1.5bn from latest syndicated sale after peer success in recent weeks
-
Pent-up demand for five year dollar bonds helped attract $2.2bn of orders
-
The issuer has wrapped up its fixed rate dollar benchmark funding for 2023 but will continue to fund in other formats
-
NIB lands tight pricing as IADB goes long
