Bawag pricing a nod to market nerves

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Bawag pricing a nod to market nerves

A Eu500m five year Pfandbrief for Austria’s Bank für Arbeit und Wirtschaft (Bawag) was largely unaffected by background uncertainty about the prospects of Ireland signing up for financial assistance, although pricing ambitions were slightly reigned in, according to a syndicate official at one of the leads.

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