Covered pair pay no premium for Swiss funding
![The logo of Credit Agricole is seen on a bank branch in Lausanne, Switzerland, October 16, 2017. REUTERS/Denis Balibouse](https://assets.euromoneydigital.com/dims4/default/9ea0acf/2147483647/strip/true/crop/4136x2752+0+0/resize/840x559!/quality/90/?url=http%3A%2F%2Feuromoney-brightspot.s3.amazonaws.com%2Fae%2F0c%2Fe68af2d949e3b9c52d7ffc04bf65%2F2cnf8gw.jpg)
Crédit Agricole's local subsidiary and Bawag competed for tightly priced Swiss paper
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