Apicorp mandates for dollars despite rates volatility

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Apicorp mandates for dollars despite rates volatility

25 January 2021 Emerging markets 0
Arab Petroleum Investment Corp (Apicorp) — the multilateral development bank — held investor calls on Monday for a bond offering, nine months after its last dollar outing. Though emerging market SSA issuance has been dominated by low rated, high yielding credits since the start of the year, investment grade issuers will begin to trickle in, bankers say.