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GC Asia
Engorged investors look to banking exotica for diversity
Rarer names shone this week as investors looked to find new borrowers to buy. Banks such as Emirates NBD and Sparebank 1 Nord Norge were among those to issue.
"Investors have got full on so many lines that they are having to look outside the traditional areas," said a London MTN dealer. "People are desperate for new names."
Emirates NBD increased its June 2013 puttable 20-fold through Commerzbank this week. It originally sold the $10m deal on May ...Already a subscriber? Login
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Latest news from FIG
-
A close call for this year’s covered bond awards
03.45 PM -
Embattled HSBC to press on with restructuring
02.30 PM -
EC’s proposed LCR amendment to disrupt Lux' covered bonds
12.00 PM -
BoE proposes closer look at lev ratio framework
11.45 AM -
Covered Bond Awards poll closes in less than two weeks
11.15 AM
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