Danske seizes sterling opportunity, more expected to follow

31 Mar 2010

Danske Bank issued a £300m December 2015 bond on Tuesday at what treasury officials at the borrower said was an attractive level.

Market participants expect more issuers to come to the market after Easter.

“They spotted a sterling opportunity, and with the market undersupplied and as the euro market has been busy recently, it was a smart move,” said a banker away from the deal. “Issuers need to find opportunities ...

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