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SSASupras and agencies

Cades aims for short end with renminbi first

Caisse d'Amortissement de la Dette Sociale is likely to print at the short end of the curve when it brings a debut offshore renminbi bond, the agency’s chairman has told GlobalCapital. But any deal will be subject to movements in the euro/RMB cross-currency basis swap, which SSA syndicates managers warned is still very volatile.

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