Banks crunch through cost to raise senior debt at no premium
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FIGSenior Debt

Banks crunch through cost to raise senior debt at no premium

Rabobank sign at branch. Rabobank is the second-largest bank in the Netherlands in terms of total assets.

◆ Duration and spread demand dictate investor demand even at tighter valuations ◆ Rabo exemplifies this trend into a €1bn 10.5 year SNP that was more than six times subscribed ◆ NBG and CIBC also print with arguably no concessions left

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