AFD the latest to triumph in spite of pricing squeeze

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AFD the latest to triumph in spite of pricing squeeze

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Agence Française de Développement (AFD) sold a heavily oversubscribed euro note at a level through its secondary curve on Friday, following a spate of issuers to do similar this week. Investor demand reaches ever closer to fever pitch as buyers, buoyed by resolution over the Greek PSI, face the threat of dwindling supply.

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