EBRD bucks trend with five year dollar mandate, CDC and EAA go for threes
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EBRD bucks trend with five year dollar mandate, CDC and EAA go for threes

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The European Bank for Reconstruction and Development is set to test the five year part of the dollar curve — a tenor not attempted by many issuers over the last few weeks — as a French issuer opted for the tried and tested three year maturity and a German agency was able to increase a deal at that tenor from its target size.

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