Nordic Investment Bank three-year notes talked at SOFR mid-swaps plus 24 bps area

By Rebecca Melvin and Cristal Cody

Concord, N.H., March 29 – Nordic Investment Bank is in the market on Tuesday with a new offering of global senior notes due April 4, 2025, a market source reported.

The notes are being talked with a spread in the SOFR mid-swaps plus 24 basis points area.

BofA, Citigroup, Daiwa and RBC are leading the deal.

Nordic Investment Bank is an international financial institution owned by Denmark, Estonia, Finland, Iceland, Latvia, Lithuania, Norway and Sweden.

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