Issuers seize moment to extend duration

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Issuers seize moment to extend duration

Longer-dated bank paper is in demand after National Australia Bank and Rabobank made the most of better market conditions to price long-dated deals this week. Both issues priced at the tight end of guidance and sent out a positive signal, which other potential issuers will have noted. Will more banks come this week? Read EuroWeek on Friday.

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