World Bank
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The summer MTN market has been dominated by niche currency issuance from supranationals.
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Asian Development Bank added a A$60m ($47.7m) clip to its 15 year Australian dollar bond on Wednesday, as demand grows for Kangaroo paper beyond 10 years.
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This week's scorecard looks at the progress supranationals have made in their funding programmes this year.
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Inter-American Development Bank launched a debut 15 year Kangaroo bond on Monday, the third supranational to look for ultra-long Australian dollar funding in the last year.
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SSA issuers are taking advantage of strong demand from Japanese retail investors in high yielding currencies to print a flurry of deals.
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This week's scorecard looks at the progress supranationals have made in their funding programmes this year.
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This week's GC BondMarker voters had only one benchmark to rate, but World Bank's $4bn three year would likely have shone in any company.
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World Bank sold a €90m zero coupon 40 year bullet MTN towards the end of last week — its longest ever non-callable deal.
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The International Finance Corp could use the Kangaroo market to expand its burgeoning green bond programme.
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The public sector bond market has safely passed a week full of risk events, with each delivering the anticipated result. That makes it likely borrowers will further enjoy what have been stellar conditions in euros, dollars and sterling.
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World Bank proved its popularity in the Australian dollar bond market on Tuesday, selling a combination of medium and long dated debt for A$800m ($605.4m) to a wide variety of investors.