Investors go weak at the knees for Finnish 10 year

By Tessa Wilkie
31 Jan 2014

The Republic of Finland brought the sole euro benchmark from a core European sovereign, supranational or agency this week, braving a falling euro swap rate to bring a long dated deal.

Despite euro 10 year swap rates dipping below 2% late last week and staying there — having begun the year north of 2.1% — investors piled into a €4bn April 2024 from Finland on Tuesday.

“Bund yields rallied early this week which was a concern because yield ...

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