Investors snap up exotic names

June 03, 2009 12:00 am

Smaller, lesser known financial institutions are in focus this week, with Banco Santander Totta and Piraeus Bank successfully marketing their deals. Both deals are set to price today and both have got oversubscribed books suggesting that risk appetite remains intact and the market tone strong. Meanwhile, government guaranteed issuance is limited to only one public transaction this week, a three year from Caja de Ahorros del Mediteraneo. To find out more about the transactions, read EuroWeek on Friday.

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