Deutsche Bahn sets the standard for low beta names

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Deutsche Bahn sets the standard for low beta names

Deutsche Bahn in Station
Studio32 - stock.adobe.com

On Wednesday, Deutsche Bahn sold its first bond of 2019, setting the bar with a €1bn 10 year deal that has a new issue premium of less than the 20bp limit that triple-B rated names had failed to tighten past.

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