LatAm Bonds
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Corporación Andina de Fomento (CAF) sold a $1bn 10 year fixed rate note, its largest ever deal, via Bank of America Merrill Lynch and Credit Suisse on Thursday.
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The European Investment Bank tested investor appetite this week for the first five year dollar bond this year to be priced through mid-swaps plus 40bp in one of the dollar market’s most tumultuous weeks this year, as Treasury yields sold off sharply and swap spreads widened dramatically.