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SSASupras and agencies

Niche set to tempt in hunt for arb

Supranationals and agencies are expected to look to non-core currencies — particularly Australian and New Zealand dollars — in the coming weeks as they hunt for attractive funding opportunities. Well-funded issuers may prove reluctant to sell large deals in benchmark currencies, and could instead follow the example of Bank Nederlandse Gemeenten which sold a pair of Australian dollar deals this week.

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