Nordea and SocGen demonstrate 10yr appeal

Setting the tone for the week to follow, Nordea launched a dual tranche five and 10 year deal last Friday to take advantage of a good reaction to the EU summit, which appeared to have opened a window in the market. Société Générale followed on Monday with a three and 10 year bond, and both deals helped prove that there was demand for senior paper at the long end of the curve.