Straggler Bank of America sells $6bn ahead of FOMC

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Straggler Bank of America sells $6bn ahead of FOMC

Bank of America was one of the few US banks and broker-dealers that didn’t make it into the US high grade bond market last week, but it made up for lost time on Tuesday with a $6bn five and 10 year deal. The Federal Open Market Committee meeting will disrupt the deal flow this week, but April is already the all time record month for volume of issuance.

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