Julius Bär pulls off debut Swiss callable LT2

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Julius Bär pulls off debut Swiss callable LT2

Activity in the Swiss franc market was limited to domestic names this week as investors panicked over Moody’s downgrade of Eksportfinans to junk last week. Swiss institutional investors are unable to hold sub investment grade paper, and so are being forced to offload the Norwegian agency’s bonds (see story on page six for details).

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