Clearstream brings debut senior deal at negative yield

Tyler Davies

November 24, 2020 12:45 pm

Dax_chart_PA_575x375_241120 — The DAX chart shows the index crossing over the 7000 points mark at the stock market in Frankfurt, Germany, 07 December 2010. Shares in Frankfurt hit their highest level in two-and-a-half years as European markets gained ground on the back of r | | MARIUS BECKER/DPA/PA Images

Clearstream Banking was nearly 12 times subscribed for its debut senior transaction on Tuesday, allowing it to tighten its pricing by 39bp and issue at a negative yield.

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Senior Debt Germany Europe EMEA HSBC FIG Corporate Bonds

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Tyler Davies