EDP overcomes sentiment to price Swissie inside euro curve

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EDP overcomes sentiment to price Swissie inside euro curve

Energias de Portugal braved a downturn in sentiment on the periphery yesterday to price its second ever Swiss franc bond. While problems on the periphery and the recent issuance of higher yielding paper meant retail demand wasn’t as sharp as might have been hoped, EDP still managed to increase the size of the trade and beat its euro pricing.

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