Morning wrap May 2: Noe, Nykredit, Global and DVB

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Morning wrap May 2: Noe, Nykredit, Global and DVB

Hypo Noe has announced a €500m no grow 10 year public sector Pfandbrief on guidance of mid swaps mid 90bp area. Nykredit Realkredit finished roadshowing its first euro benchmark junior covered bond on Tuesday. Panama’s Global Bank is ready to bring its $200m inaugural deal. and DVB Bank might be expected to launch a Ships Pfandbrief before long.

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