Historically Lowest Coupon Ever Achieved – IIB Places a New Private Placement with 3-year Maturity at 0,119% p.a.
IIB had executed a 3-year maturity private placement with a coupon set at 0,119% p.a. under IIB’s MTN Programme registered on Dublin Stock Exchange displaying a significant credit spread tightening in comparison to the Bank’s last year deals and bringing IIB’s new cost of funds to the historic low. Organizer of the deal was Raiffeisen Bank International, one of IIB’s dealers under the MTN Programme. The bonds will be subsequently listed on the regulated market of the Dublin Stock Exchange. Read more