EIB offers conventional/CAB dollar mix amid swap spread wobbles

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EIB offers conventional/CAB dollar mix amid swap spread wobbles

dollars FA 230

The European Investment Bank is set to take a novel approach to green bond issuance, after mandating for a dual tranche dollar deal — of which only one leg is a Climate Awareness Bond. Like Kommuninvest, which printed a four year dollar green bond on Tuesday, the supranational may have to contend with volatile dollar swap spreads.

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