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Senior and capital sidelined despite firm backdrop

FIG issuers are choosing to bide their time in senior unsecured and tier two, staying out of the primary market despite supportive secondary trading and investor demand. Bankers said the market was more balanced than it was during the third quarter, but added that while issuers might have to pay slightly higher new issue premiums than during the recent rally, investors would still be receptive to new deals.

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