Inter-American Development Bank IADB
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Read on to see how far selected supranationals have progressed with their funding for the year.
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Inter-American Development Bank (IADB) on Tuesday threw open the door for dollar issuance as the second quarter of the calendar year kicked off, with several other issuers eagerly following.
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The Inter-American Development Bank highlighted the depth of demand in a resurgent dollar market by printing the largest benchmark in the currency in over a month — with KfW next up to test the dollar’s depth.
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The Inter-American Development Bank made an early claim on Monday for a spot in this week’s dollar issuance, in what its leads said was a move to ensure it did not add its name to a growing trend for SSA deal clashes.
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We examine the progress a number of supranationals have made in reaching their funding targets for the year in this week's funding scorecard.
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This week's scorecard looks at the funding progress of supranationals so far in 2016.
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FMS Wertmanagement has added £150m to a two year benchmark due to mature in April 2018.
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The Inter-American Development Bank has printed a £250m December 2019 bond that has set a new record for year-to-date supranational and agency sterling issuance.
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Supranational and agency borrowers have long anticipated a wave of demand from American investors as US government sponsored enterprise issuance dwindles. But this week there were concrete signs that the dollar bond market has shaken off the problems that prevented the big switch. Craig McGlashan reports.
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The Inter-American Development Bank raised $3bn on Thursday amid a buoyant dollar market for public sector borrowers at the start of 2016.
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The Inter-American Development Bank is the latest issuer to enter a red hot dollar market, after KommuneKredit and the Asian Development Bank raised money on Wednesday.
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The Inter-American Development Bank has appointed a new treasurer, Francisco Ramón Ruiz García, who is to start the role on April 1.