Ontario tests year end sentiment

December 08, 2010 12:00 am

The Province of Ontario is adding a final flourish to 2010 with a seven year transaction. Guidance was given at 40bp-42bp over mid-swaps and the deal ticks the maturity box as it suits the buying tastes of yield hungry investors. Two other issuers are also said to be looking for opportunities in the dollar market. But are there still enough investors around to get a decent deal away? Find out in EuroWeek on Friday.

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