Inter-American Development Bank IADB
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SSA issuers looked to alternative forms of funding on Thursday as a holiday in much of Europe and the Federal Open Markets Committee meeting statement on Wednesday evening — not to mention most issuers being fairly well stuffed with cash after a busy six months of issuance — made benchmark execution difficult.
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Read on to see how selected benchmarks are faring in secondary. Trading levels given are bid-side spreads versus mid-swaps and/or an underlying benchmark as of Thursday's close. The source for secondary trading levels is Interactive Data.
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This week's scorecard focuses on the funding programmes of some of the major supranational borrowers. World Bank is coming to the conclusion of its funding year, but more deals are possible from the supra.
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Read on to see how selected benchmarks are faring in secondary. Trading levels given are bid-side spreads versus mid-swaps and/or an underlying benchmark as of Thursday's close. The source for secondary trading levels is Interactive Data.
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Read on to see how selected benchmarks are faring in secondary. Trading levels given are bid-side spreads versus mid-swaps and/or an underlying benchmark as of Thursday's close. The source for secondary trading levels is Interactive Data.
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Read on to see how selected benchmarks are faring in secondary. Trading levels given are bid-side spreads versus mid-swaps and/or an underlying benchmark as of Thursday's close. The source for secondary trading levels is Interactive Data.
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This week's scorecard focuses on the funding programmes of some of the major supranational borrowers, with the IADB's $2bn benchmark on Wednesday helping it near the halfway mark for the year.
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The Inter-American Development Bank was set to price a $2bn July 2017 benchmark on Wednesday afternoon.
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Issuers could take to the short end in the sterling market this week to take advantage of attractive arbitrage and widening swap spreads, according to syndicate bankers. The Inter-American Development Bank is set to price a tap of December 2017 notes on Monday afternoon.
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This week's scorecard focuses on the funding programmes of some of the major supranational borrowers, with the World Bank having completed 90% of its target volume for its fiscal year.
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Søren Elbech has resigned as treasurer at the Inter-American Development Bank to take up a new job with Danish wind turbine maker Vestas, SSA Markets understands.
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Read on to see how deals priced earlier in the year are faring in secondary. Trading levels given are bid-side spreads versus mid-swaps and/or an underlying benchmark as of Thursday's close. The source for secondary trading levels is Interactive Data.