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Positive basis swap may not be enough to lure issuers to crowded euro mart

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By Lewis McLellan
14 Aug 2020

The euro/dollar cross-currency basis swap has moved back in favour of euro issuance for the first time in three months, but with a wall of euro supply looming, the favourable level may not be enough to entice issuers away from the dollar market.

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By Lewis McLellan
14 Aug 2020