World Bank
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Public sector borrowers may have to compete for demand this week with Wednesday looking likely to be one of the busiest days of the year.
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A quartet of public sector borrowers are set to cram into the front end of the dollar curve on Wednesday, as bankers outlined a triple whammy of factors driving the squeeze.
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The UK Debt Management Office has picked the maturity and timing for a scheduled bond sale later this month. Elsewhere in sterling, a pair of issuers added deals to a bumper opening week that fell just short of a record.
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A remarkable sterling deal from the European Investment Bank sparked off a week that could become a record opener for supranational and agency issuance in the currency.
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Searing conditions in the sterling market could lead to a record opening week of SSA issuance in the currency as a pair of issuers lined up deals for Friday — despite this only being a four day week.
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As a year where political upsets became the norm drew to a close, GlobalCapital picks the standout trades from a turbulent 2016.
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The International Development Association will begin to issue international bonds as part of a large scale-up of its activities.
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World Bank added an A$75m ($56.2m) tap to its November 2031 Australian dollar bond on Tuesday. The original bond was the first time an SSA had printed a Kangaroo benchmark that far out along the curve.
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World Bank added a A$75m ($56.2m) tap to its November 2031 Australian dollar bond on Tuesday. The original bond was the first time an SSA had printed a Kangaroo benchmark that far out the curve.
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The African Development Bank printed the longest green bond in the history of the Kangaroo market this Tuesday.
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Appetite for 30 year callable zeroes in dollars has been bolstered by Donald Trump’s victory in the US elections and the resultant rise in bond yields around the world.
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Appetite for 30 year callable zeroes in dollars has been bolstered by Donald Trump’s victory in the US elections and the resultant hike in bond yields around the world.