Siemens stays fixed for two years as floating rate notes still out of favour
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Siemens stays fixed for two years as floating rate notes still out of favour

Siemens logo on cloth from Adobe 12Feb20 575x375

Siemens, the German machinery maker, found plenty of demand for a multi-tranche bond issue on Wednesday, though the inclusion of a two year fixed portion strongly suggests that floating rate notes have become unpopular among corporate issuers.

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