Finland and Land NRW jump to long end amid Coronavirus rally

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By Burhan Khadbai
03 Feb 2020

The Republic of Finland and the State of North Rhine Westphalia hired banks on Monday to prepare syndicated bonds at the long end of the euro curve. Yields of eurozone haven assets remain compressed while fears of the coronavirus outbreak intensify.

Finland mandated Bank of America, Citi, Danske Bank, JP Morgan and Nordea for a 16 year euro benchmark, the sovereign’s first syndication of the year.

Finland was expected to come to the market in the first week of February to keep in line with ...

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