World Bank’s SOFR bond likely to be first of many17 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