de Volksbank finds favour at short end

By Tyler Davies
21 Sep 2017

de Volksbank opened a benchmark euro curve with a €500m senior offering on Thursday, testing the market’s appetite for short dated bonds in fixed rate format.

The Dutch lender was flanked on either side by floating rate euro offerings from North American borrowers Goldman Sachs and Bank of Montreal, which were giving investors the chance to protect themselves against a likely rise in interest rates in the coming years. 

But de ...

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