Nordic Investment Bank (NIB) came to market early in December with a well-received $1 billion dollar benchmark. But with relatively small funding needs, it is certainly not about to commit itself to a regular issue of big deals. Not having a regular programme may mean more work for Kari Kukka, head of funding, and his team when a deal does come to market. The last deal seems to have taken a lot of effort, even by the labour-intensive standards of AAA issuers.
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