Eksportfinans braves market again after November failure

April 16, 2008 12:00 am

The biggest talking point in high grade euro bonds will be the Eu1bn three year from Eksportfinans, its first benchmark deal since it pulled a Eu1bn two year transaction in November. It should work as the Norwegian agency is paying mid-swaps plus 10bp-15bp, a far cry from its inaugural euro deal in September 2007 at mid-swaps less 3bp.

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