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NIB not ready for Sonia and €STR deals despite Sofr comfort

By Lewis McLellan 25 May 2021 Despite having made a successful debut in the Sofr market this month, Nordic Investment Bank is still facing technical challenges when it comes to supporting products based on risk-free rates. "We were somewhat late to the Sofr format compared to some of our supranational peers, because our system needed to be updated to support bonds tied to the new risk-free rate,” said Jens Hellerup, NIBs head of funding and investor relations.Despite that late arrival, NIB’...
Jens Hellerup Lewis Mclellan Nordic Investment Bank லெவிஸ் மக்லெல்யாந் நோர்டிக் முதலீடு வங்கி

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