KBN preps ‘well priced’ dollar benchmark

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KBN preps ‘well priced’ dollar benchmark

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Side view of young businessman on cliff looking at dollar sign through binoculars. Wealth concept. City background | peshkova - Fotolia

Kommunalbanken has circulated initial price thoughts of 5bp area over mid-swaps for a no-grow $1bn three year benchmark, a level that bankers away from the trade said was 'well priced'.

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