Short end the place to be for hawkish bank buyers as La Caixa and Rabo tap puttables

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Short end the place to be for hawkish bank buyers as La Caixa and Rabo tap puttables

Impending European regulation and potential rate hikes made bank MTNs fashionable among money market funds this week, with La Caixa, Intesa Sanpaolo, Crédit Agricole, Santander and Rabobank all placing deals with UK and European buyers.

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