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FIG

Swiss yield hunt benefits longer tenors

Banque Fédérative du Crédit Mutuel, Commonwealth Bank of Australia and LGT Bank all tapped the Swiss franc market this week. CBA and LGT opted to secure larger volumes by offering attractive coupons to yield hungry investors. German insurer Allianz is also likely to benefit from a Swiss hunt for yield, mandating banks to arrange a roadshow for a sub deal.

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