Co-op adds to pipeline, Noe holds off

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Co-op adds to pipeline, Noe holds off

The European pipeline is starting to improve with many banks taking the view that it might be better to issue ahead of the CB purchasing programme, just in case the G20 fails to co-ordinate a set of macro measures to deal with the wider macro environment. Co-op is conducting a roadshow, Sampo has entered blackout and there is talk of a German issue before month end.

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