OTP Eu1bn oversubscribed, new mandate imminent?

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OTP Eu1bn oversubscribed, new mandate imminent?

Hungary’s OTP Mortgage Bank reopened the primary market this morning with a Eu1bn two year deal that is the first jumbo from Hungary. The issue was oversubscribed by lunchtime at the wide end of the 60bp-65bp over mid-swaps guidance.

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