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FIGSenior Debt

Crédit Agricole solid amid election jitters with €1bn senior non-pref

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Crédit Agricole issued a five year senior non-preferred bond on Tuesday, attracting a robust order book and pricing flat to its curve. The deal showed investors are still “desperate to grab what they can get”, according to one FIG banker, despite increased uncertainty over the rates outlook and the outcome of French elections.

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