ING performs again

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ING performs again

Following the record-breaking Eu4bn two year issue last week, ING returned to the bond market on Monday with a lower tier-two dual tranche deal. The 15 year non-call 10 deal, led by Barclays Capital, ING and UBS, comprised an £800m tranche and a Eu1bn tranche. Both tranches were given a guidance of 155bp-160bp over mid-swaps, and the pricing tightened to 155bp over mid-swaps.

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