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GC Asia
Barclays goes ‘very tight’ with popular 20 year T2 trade
Barclays won plaudits for steering a 21 non-call 20 tier two into an extremely tight pricing level this week, following earlier examples from the large French banks. It accompanied its deal with the sale of some long dated senior paper.
The UK lender opened books for its dual-tranche transaction during US hours on Wednesday, following a period of relative stability in global rates markets.
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Latest news from FIG
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Nykredit returns to tier two after six years away
19 Apr 2021 -
PBB and BSH expected to issue new covered bonds
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Coventry Building Society readies non-pref debut
19 Apr 2021 -
Cafill prices third social covered bond through curve
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ECB: TRIM will shave 70bp from bank capital ratios
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