Investors abandon yield targets on BFCM 10 year in hot week for senior

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Investors abandon yield targets on BFCM 10 year in hot week for senior

Investors in long dated senior unsecured debt appeared to have abandoned their yield targets this week, sending coupons below 3% on a Banque Fédérative du Crédit Mutuel fixed rate transaction, amid one of the busiest weeks of activity in the senior unsecured financials market this year.

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