Corporate carnival breaks out in Swiss francs as buyers lust for Pemex, Alpiq, Clariant, RCI

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Corporate carnival breaks out in Swiss francs as buyers lust for Pemex, Alpiq, Clariant, RCI

Swiss franc bond issuance exploded this week, sparked by a favourable fundamental backdrop after last Friday’s Greek private sector debt swap and US non-farm payroll figures. Both the corporate and financial institution (see separate story) sectors enjoyed significant primary volume as investors unleashed pent-up demand.

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