IFC

Structured medium term notes denominated in renminbi could be set to take off as cuts in interest rates drive Chinese investors to look for a way to boost returns.

The International Finance Corp (IFC) is looking to repeat its success of issuing offshore bonds in an Asian local currency, with a sale of up to $1bn-equivalent in Bangladeshi taka, writes Christina Khouri.

A group of supranationals has published guidelines for green bond impact reporting, hoping to make it easier for investors to make comparisons within the asset class.

A group of supranationals has published guidelines to green bond impact reporting, which it is hoped could make comparing green bonds easier for investors.

International Finance Corporation has tapped a renminbi line to over Rmb3bn ($478.8m) as moves in the dollar/renminbi cross currency basis swap drove a burst of demand from Asian investors.

Rentenbank has launched a seven year Kangaroo, a scarcely seen maturity in the format. It comes alongside Kangaroo deals from Kommunalbanken and International Finance Corporation.

A pair of SSA issuers opted for deals in the Kangaroo market on Monday, amid a holiday induced supply slump.

International Finance Corporation has scored a double first in the internationalisation of local currency markets, printing its inaugural Georgian lari bond just days after selling the first ever offshore bond in Rwandan francs.

International Finance Corporation has sold the first ever offshore bond in Rwandan francs, just a day after clearing house Euroclear began accepting trades denominated in the currency.

International Finance Corporation has become the most recent supranational to print in Russian roubles, following close behind a trio of its peers that made rare appearances in the currency last week. High yields in the currency, despite Russia’s central bank cutting its key interest rate, have bankers expecting more supply to come.

The International Finance Corporation has become the most recent supranational to print in Russian roubles, following close behind a trio of its peers that made rare appearances in the currency last week. High yields in the currency, despite Russia’s central bank cutting its key interest rate, have bankers expecting more supply to come.

Despite a strong backdrop for issuance this week few SSAs are willing to bring benchmark deals in euros, as issuers wait until the full effect of the European Central Bank’s quantitative easing announcement last week plays out. Meanwhile, the next meeting of the US Federal Reserve’s Federal Open Market Committee and a winter storm approaching New York are limiting dollar issuance windows.