Banks lead December dollar charge

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By David Rothnie
04 Dec 2020

Banks bombarded the dollar market this week with a rich variety of trades in what promises to be a busy run-in to the end of the year with investors still in the hunt for primary deals.

Yankee banks led the charge on Thursday with National Bank of Canada shopping for a $750m four year non-call three unsecured sustainability bond, while domestic peer Bank of Montreal was also in the market with a two-part trade that included a $900m three-year fixed rate bond and $600m ...

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