UBS hits Yankee bond market in quiet week

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By David Rothnie
31 Jul 2020

UBS lit up the dollar market with a $2.6bn trade this week that went some way to filling the supply gap created by a lack of issuance from Wall Street’s big guns.

UBS Group, which carries an A- rating from S&P, hit the market on Monday with its second dollar trade of the year.  

It printed a two part deal, comprising a $1.3bn four year non-call three that came at 83bp over US Treasuries and a $1.3bn seven year ...

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