Deutsche treats sterling market with rare FIG supply

By Tyler Davies
11 Feb 2021

Deutsche Bank opened books for the first sterling FIG deal in about a month on Thursday, following on from a strong euro transaction earlier this week.

The German issuer printed €1.5bn six year non-call five at 120bp over mid-swaps on Monday, alongside a €1.5bn 11 year non-call 10 at 150bp over. 

Market participants praised the outcome of the two-part deal, which they said had been boosted by a strong set of earnings for ...

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