Export Development Canada (EDC) sold the first offshore Chilean peso bond of the year as it dropped into the currency in search of short dated borrowing earlier this week.
For those in the world of grown-up finance, the cryptocurrency world has often been the subject of amused scorn or mild envy. It is very much its own game, and it scarcely seems to inhabit the same world as staid, professional markets like that for commercial paper. But all that is changing and regulators must pay attention.
Finland’s Municipality Finance has sold its first bond linked to one of the new risk-free rates, opting for the Secured Overnight Financing Rate for its $200m floater.