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Rare duo makes Swissie return

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A supranational and a Nordic bank paid rare visits to the Swiss franc market this week. The North American Development Bank (NADB) printed its first deal in two years — its second green bond — while Nordea returned after a five year absence.

NADB visited the Swiss franc market on Wednesday to raise a combined Sfr340m ($350.6m) across a dual tranche green bond though Credit Suisse, following the public tender of a 2.4% October 2022 dollar bond.

The lender funds projects in the US-Mexico border region, with the proceeds of

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