Pohjola ready to pounce on Samurai opportunity
Pohjola Bank could soon sell its debut Samurai bond, its head of group funding told EuroWeek Bank Finance this week. The Finnish bank revealed its intention to enter the Samurai market late last year but an unfavourable euro/yen cross-currency basis swap has so far thwarted any attempts at issuance. But there are now signs of an improvement in the rate.
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