Repeat borrowers bombard red-hot dollar market

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By David Rothnie
13 Aug 2020

Soaring demand and tight spreads lured repeat borrowers as summer dollar bond supply soared with $34bn of new issuance crammed into four days.

A bumper week pushed supply for the month to $64bn, just $1bn shy of the total printed in August 2019, according to Dealogic. That was before Apple came to the market on Thursday with a four-part trade.

Apple was last in the dollar market with a multi-tranche ...

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