IFC

The International Finance Corporation increased a June 2018 Australian dollar line on Tuesday after several SSA borrowers tapped the Kangaroo market earlier this week. Bankers expect a decent flow of issuance until the end of year.

The African Development Bank, Bank Nederlandse Gemeenten and the International Finance Corporation hopped into the Kangaroo market on Monday to take advantage of an improved basis swap from Australian dollars to dollars.

This week's funding scorecard contains updates on some of the major supranational borrowers' funding programmes. Next Friday the scorecard will focus on a number of Europe's supranationals and agencies.

IFC is set to sell its second ever dollar benchmark on Tuesday afternoon, with pricing on a three year bond set at the tight end of guidance.

The International Finance Corporation could be set to blaze a trail for other issuers when its new Banking on Women Bond launches next month, MTN bankers said on Thursday.

The International Finance Corporation sold a tap of 10 year Australian dollar debt on Wednesday, playing on strong demand for long-dated Kangaroo deals from Japanese life insurers. Most deals in the maturity have come from European issuers but investors are keen to grab opportunities to diversify their holdings.

The International Finance Corporation hopes to renew its commitment to socially responsible investors before the end of the year by selling a new Green Bond in benchmark size. The issuer is also looking at the possibility of selling euro denominated debt, potentially through a debut Schuldschein deal.

This week's funding scorecard contains updates on some of the major supranational borrowers' funding programmes. Next Friday the scorecard will feature selected European supranationals and agencies.

The International Finance Corporation announced plans on Wednesday for a $1bn offshore Indian rupee-linked bond programme to help fund its lending in India and attract greater foreign investment to the country. The issuer is hoping to set up a similar programme for issuing rupee-denominated debt on the domestic market in the future.

The International Finance Corporation (IFC) sold the first bond by an international issuer on Zambia’s domestic bond market on Thursday. The supra hopes that the deal — dubbed a Zambezi bond — will encourage more borrowers to access the local market.

The International Finance Corporation is set to add another SRI bond programme to its funding stable by selling first ever bond backing women in business later this year.

This week's funding scorecard focuses on some of the major supranational borrowers, some of which have just announced new funding programmes. Next Friday's scorecard will give take a look at the funding progress of several major European supranationals and agencies.