Buyers go nuts for Dutch debt
Investors made a stampede for Dutch 10 year paper on Tuesday, placing €9bn of orders for a Dutch Direct Auction, allowing the issuer to print €1bn more than the minimum €5bn size. While the book was larger than on recent deals, the trade failed to excite real money accounts to the usual extent.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
- ✔ 4,000 annual insights
- ✔ 700+ notes and long-form analyses
- ✔ 4 capital markets databases
- ✔ Daily newsletters across markets and asset classes
- ✔ 2 weekly podcasts
