NAB issues first LT2 bond of 2010

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NAB issues first LT2 bond of 2010

National Australia Bank reopened the euro lower tier two market on Tuesday with a Eu1bn 10 year bullet after the order book reached Eu2.6bn. It is the first LT2 deal of the year, after La Caixa pulled its planned issue last week as it could not gather enough support. Read EuroWeek on Friday to find out how investors reacted to the Australian bank’s deal.

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