Scor, Swiss Life tap tough Swissie market
Yet another slide in mid-swap rates of 5bp-6bp on Monday and the strength of the Swiss franc versus the euro, at a record low of Sfr1.227 on Tuesday, have kept the Swiss franc market quiet all week, with the exception of tailor-made taps by Scor and Swiss Life and a debut public trade by Austrian financial institution, Raiffeisenlandesbank Oberösterreich.
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