ABN and CIBC revive Aussie dollar market

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ABN and CIBC revive Aussie dollar market

ABN Amro sold six year Australian dollar debt on Tuesday, attracting interest in spite of a weaker Australian dollar, while Canadian Imperial Bank of Commerce (CIBC) followed up on the trade with a six year deal of its own on Thursday. While the currency has softened in recent weeks, higher yields mean that interest in Australian dollars has not completely died out.

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