Any depth in Eurodollars?
Eurodollar investors are showing a healthy appetite this week, with new deals from BP and E.On, after the sector-opening trades from BMW and Unilever at the start of the month. There had been fears that the market lacked depth, but after BP priced $325m on Monday, E.On will today issue a three year bond, expected to be $300m, through Morgan Stanley and UBS. Will there be more? Read EuroWeek on Friday.
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