Investors shun MuniFin callables in favour of liquid benchmarks

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Investors shun MuniFin callables in favour of liquid benchmarks

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Flag of Finland sticking in european banknotes.(series) | Sebastian Gelbke/eyegelb - Fotolia

Finnish agency Municipality Finance has faced a decline in callable MTN issuance this year as investors shun the format and move “more and more towards benchmarks with greater liquidity”, according to funding manager Martin Svedholm.

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