French banks find favour following vote

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By Tyler Davies
18 May 2017

Three of France’s largest banks took advantage of extremely supportive market conditions across global currencies this week, with each of the issuers aiming to issue non-preferred senior bonds.

Heightened volatility in the build up to the French presidential election meant that many of the nation’s financial institutions decided to step back from the primary market, and cut short an early drive to build up a healthy stock of non-preferred senior bonds.

But issuance has resumed in the ...

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