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World Bank’s SOFR bond likely to be first of many

17 Aug 2018

USD1bn, coupon SOFR+22bp, due 21 August 2020. Reoffer 100.00, spread SOFR+22bp. SEC exempt. Ratings Aaa/AAA (st/st). List Lux. Settle T+5. NY law. Denoms 1k+1k. Lead managers Citi and TD.

World Bank’s SOFR bond likely to

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