CEB sells tightest SSA dollar deal versus mid-swaps in 2021

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CEB sells tightest SSA dollar deal versus mid-swaps in 2021

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Federal reserve system symbol on hundred dollar bill closeup macro shot | Andrew Malkov/Andrew - stock.adobe.com

Two SSA borrowers sold dollar paper on Thursday. Council of Europe Development Bank achieving the tightest spread to mid-swaps from a public sector borrower this year, breaking a record equalled earlier this week by Asian Development Bank. At the other end of the curve, Inter-American Development Bank made its debut at the 10 year maturity with a deal linked to the Secured Overnight Financing Rate (Sofr).

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