Euro market to see 2019 out with a whimper

By Burhan Khadbai, Lewis McLellan
21 Nov 2019

Perhaps the last two public sector bond benchmark issues of the year hit screens in euros this week and, judging by their reception, the market is closing right on time.

While both the State of North Rhine-Westphalia and Rentenbank were able to complete their benchmark sales, demand was far from overwhelming. 

A banker away from the deal said: “There’s a bit of reluctance from investors at this time of year to chase deals. Investors are still prepared to buy, ...

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