IFC

SSA issuers are able to offer a pickup against Mexican government bonds for the first time "in memory", according to one head of local currency bonds.

International Finance Corp has joined forces with Goldman Sachs to extend a $110m syndicated loan to Vietnam’s An Binh Commercial Joint Stock Bank, a portion of which will be used to provide loans to women-owned enterprises in the country.

Asia’s green financing market has made great strides since issuance started to pick up two years ago, with 2017 seeing more regulators and issuers giving the asset class a push. But for all its impressive feats, the region’s green market is yet to come of age.

The International Finance Corporation has placed its first ever Serbian dinar bond, with the intention of financing a particular project in the region.

Financial market participants will need to embrace the rise of new technology to survive the transition to a post-cash society, an area where China is taking the lead, Andi Dervishi, CIO and global head of fintech, e-payments and new finance at International Finance Corp (IFC), told a conference in Hangzhou.

The European Investment Bank (EIB) tapped South African rand twice this week, amid rising yields in the currency. Elsewhere, the International Finance Corporation (IFC) and World Bank both sold three lots of offshore renminbi, and Nordic Investment Bank (NIB) returned to Hong Kong dollars.

This week's scorecard looks at the funding progress various supranationals have made in their programmes as the end of the year approaches.

Rating: Aaa/AAA

The International Finance Corporation achieved the tightest level of the year with a $1bn five year green bond, after managing to pull in its spread 3bp from initial price thoughts to final spread.

The International Finance Corporation hit screens on Monday, announcing its intention to sell a $1bn green bond on Tuesday.

Supranationals have delivered a spurt of niche currency medium term notes, returning to old favourites like South African rand as well as making use of demand for more exotic currencies, particularly in Latin America.

This week's scorecard looks at the progress supranationals have made in their funding programmes this year.