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GC Asia
Swissie investors target quality not quantity
Swiss franc bond investors are pursuing high quality issues, with Münchener Hypothekenbank harnessing this demand to price a tap of its green preferred senior bond 12bp through fair value this week.
“Accounts are on the lookout for very good quality issuance, as seen by the triple-A rated Credit Suisse covered bond and the double-A rated MunHyp green deal this week,” said a banker involved with the week’s supply.
However, a slew of high quality issuance was not ...Already a subscriber? Login
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