NIB issues $1bn five-year global benchmark
Nordic Investment Bank has priced a new five-year global $1 billion benchmark issue. The transaction is NIB's second USD benchmark in 2018. The issue has a final maturity of 19 July 2023, pays a semi-annual coupon of 2.875% and has an issue price of 99.792%, to give a spread of +17.1 bps over...