KBN five year sails through in spite of meltdown fears
Norway’s Kommunalbanken looked set to become the latest borrower to print a solid deal this week as government bond yields in Europe’s periphery once again tipped panic-inducing levels. The issuer came to market on the first possible day following a brief black-out period, underlining the urgency borrowers feel to get funding done ahead of a long bank holiday in the UK shutting down markets next week and Greek elections looming the week after that.
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