Flattening pressure gets CP buyers busy, yields to fall further

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Flattening pressure gets CP buyers busy, yields to fall further

FMS Wertmanagement and NRW.Bank were among the SSA issuers to sell blockbuster clips of long dated commercial paper this week. The issuers took advantage of CP investors looking for longer dated paper in the face of shrinking yields following the second European Central Bank three year long term refinancing operation.

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