Lloyds blows out as UK and US banks reveal the new cost of doing deals

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Lloyds blows out as UK and US banks reveal the new cost of doing deals

David Freitas, 
Tyler Davies
March 25, 2020 12:45 pm
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London, UK - June 22, 2018: Low angle, looking up view on Lloyds Bank sign, branch, office in city | ablokhin - stock.adobe.com

New senior bank bonds are proving attractive to investors at about 40bp-50bp or more over secondary levels, with UK issuers Lloyds and HSBC joining US peers in returning to the new issue market this week.

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David Freitas
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