EBRD joins growing coupon trend with Sofr debut

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EBRD joins growing coupon trend with Sofr debut

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FY08X7 A man's right hand holding a yellow 7-digit ticket marked with the word "COUPON" black ink | Alamy Stock Photo

The European Bank for Reconstruction and Development has hit screens with its debut trade linked to the secure overnight financing rate (Sofr), with the issuer the third in quick succession to mirror the coupon technique found in the Sonia bond market.

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