RBS follows Barclays with €2bn three year

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RBS follows Barclays with €2bn three year

After €5.75bn of covered bond deals on Tuesday, including a €2bn three year offering from compatriot Barclays, RBS took advantage of the continued window for issuance on Wednesday morning with its own €2bn deal in the same tenor. Investors again showed demand for UK paper, allowing the issuer to price several basis points inside the wide end of guidance.

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