FMS cuts it fine with just subscribed €2.5bn trade
FMS Wertmanagement was set to print a €2.5bn five year note on Wednesday afternoon. However, the deal, which bankers said was tightly priced,was only just subscribed and camemore than 50bp inside a five year trade from the European Financial Stability Facility (EFSF) which attracted an €8bn book the day before.
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
