Rentenbank struggles as negative yield deters Asian investors

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Rentenbank struggles as negative yield deters Asian investors

Euro in vice resized
low budget - money in the vice | Photographer: Nikita Sobolkov/nikkytok - Fotolia

Rentenbank raised €1bn of 10 year cash on Wednesday. The deal did not reach full subscription and the leads were unable tighten the spread from guidance, thanks to a rates sell-off affecting demand from Asia.

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