SG tap shows summer FIG demand
Société Générale stood alone in the primary market this week, printing a Eu500m tap of a five year bond. Even though the Eu650m of demand for the deal showed investors are keen for fresh paper in the second week of August, other borrowers remain unconvinced. Turn to EuroWeek on Friday for analysis of how the market is ticking over through August, and what may be in store for September.
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