Arkema pays for 10s while short dated FRNs extend run
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Corporate Bonds

Arkema pays for 10s while short dated FRNs extend run

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Parts of the corporate bond primary market showed signs of strain on Tuesday with one rare issuer, Arkema, pricing a €700m 10 year trade with an 11bp premium over fair value — one of the largest premia for a vanilla corporate trade in recent weeks.

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