EBRD deal highlights attractiveness of Taiwan bond market

EBRD becomes the second supranational this week to tap the Taiwan bond market with a NT$4 billion deal.
September 06, 2001
Following the NT$7 billion $201.9 million bond offering earlier this week from the Inter-American Development Bank IADB, the European Bank for Reconstruction and Development EBRD is about to tap the market with a NT$4 billion deal.

The transaction, which is being lead managed by Grand Cathay Securities, is the first this year but sixth in all from the issuer.

EBRD is a triple-A rated supranational entity established in 1990 to promote private enterprise in Central and Eastern Europe as well as the Commonwealth of Independent States.

Although it has yet to price, the EBRD deal has been split into two NT$2 billion tranches with maturities of five and five and...

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