Floating rate format pays off for Intesa, as Popolare three year races tighter
Intesa Sanpaolo was set to sell a tightly priced 2.5 year floating rate note on Tuesday, as Banco Popolare’s fixed rate three year rushed tighter after being priced on Monday. Citigroup also tapped the euro market on Tuesday, returning after a two year absence to add a 2018 point to its curve in a self-led deal.
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