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Corporate Bonds

BP leaps after Statoil into hot corporate bond market


The European investment grade corporate bond market has yet to pick up momentum this year, with many borrowers still in pre-results blackout. But a combined €17bn or orders for Statoil and BP bonds this week showed that despite worrying geopolitical and macroeconomic news, and the drop in oil prices, new issues from the right names can count on strong demand.

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