SNCF Réseau nips in with dollar trade ahead of busy week

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SNCF Réseau nips in with dollar trade ahead of busy week

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Federal reserve system symbol on hundred dollar bill closeup macro shot | Andrew Malkov/Andrew - stock.adobe.com

SNCF Réseau took advantage of a move in swap spreads and a favourable euro/dollar basis swap to sell its third dollar benchmark on Friday, ahead of what SSA bankers say will be a busy week of supply in the currency. Nordic agencies are among the issuers expected to be come to the dollar market next week.

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