January 31, 2018 |
The Central American Bank for Economic Integration (CABEI) returned to the Swiss franc market on Tuesday, raising CHF200m ($214m) in fixed-rate September 2024 paper, DCM sources confirmed.
BNP Paribas and Credit Suisse gathered commitments from roughly 30 investors, mainly asset managers and bank treasuries. The pair priced the trade at 17bp over mid-swaps, equal to a yield of 0.314%.
A1/A/A+ rated CABEI completed this latest trade 5bp inside its existing curve. The development bank last tapped
Central American development bank returns to Switzerland after two years, sells $214m in fixed-rate 2024 paper