Brief Spanish bail-out rally provides Greek election dry-run

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Brief Spanish bail-out rally provides Greek election dry-run

A brief fillip following the announcement of Spain’s €100bn bail-out provided an opening for senior unsecured borrowers earlier this week. But the speed with which the rally evaporated prompted bankers to call for issuers to be ready on Monday for a market re-opening following any positive reaction after this weekend’s crucial Greek elections.

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