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OWIC tests secondary loans demand

A Eu65m list of offers wanted in competition (OWIC) was circulated in the secondary loans market on Tuesday. OWICs have been rare this year compared to lists of bids wanted in competition (BWIC) as market participants have rather sought to offload positions. Is the OWIC a signal that buyers think the recent uptick in loans pricing is here to stay, or merely a pricing exercise? Read Euroweek this week to find out how the OWIC fared.

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