Finland supplements benchmarks with PPs

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Finland supplements benchmarks with PPs

Finland and euros fotolia 230 x 150
Flag of Finland sticking in european banknotes.(series) | Sebastian Gelbke/eyegelb - Fotolia

Since the start of the Covid-19 crisis, Finland has found a novel way to meet its increased funding needs: private placements. Over the last six weeks, the sovereign has supplemented its regular auctions with €5.65bn of privately placed trades, issuing private debt off its benchmark bond programme for the first time ever.

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