Laender expected to follow Schleswig-Holstein into long end
More German laender are lining up to print long duration euro debt on the back of Schleswig-Holstein’s 20 year outing this week, despite yields falling close to negative even at the longest reaches of their curves.
Schleswig-Holstein had to add 10 years onto its outstanding curve to be able to offer investors a positive yield on its €500m trade this week, and even then it was only 0.269%.
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