Deutsche jumps into red hot FRN market

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Deutsche jumps into red hot FRN market

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View of the headquarters of Deutsche Bank in Frankfurt/Main, Germany, 2 March 2017. Photo: Arne Dedert/dpa | Arne Dedert/DPA/PA Images

Deutsche Bank attracted strong demand for a five year floating rate note on Monday, allowing it raise €1.25bn without a new issue premium.

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