Glaxo bags €2.5bn, all negative, Dea €4bn

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Glaxo bags €2.5bn, all negative, Dea €4bn

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F62F6M A logo sign outside of a facility occupied by GlaxoSmithKline (GSK) in Philadelphia, Pennsylvania on November 7, 2015. | Alamy Stock Photo

Most investment grade corporate bonds issued over the past weeks have had intermediate to longer tenors, but on Monday issuance tilted towards the shorter end, as GlaxoSmithKline printed two negative yielding tranches.

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