Inaugural EUR funding deal kick-starts partnership with German DZ Bank
IIB is further consolidating its European investor base with a new EUR deal in the volume of EUR 50 mln, which was organized by the new dealer of the day under MTN Programme - DZ Bank. The transaction, which accommodated interest of three investors in 2-year bond, had again reached a negative yield, further improving IIB’s cost of funds despite the recent volatility and increased interest rate environment. The placement comes subsequent to a successful non-deal roadshow in European financial… Read more