Dexia shines out in a murky week for GGBs

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Dexia shines out in a murky week for GGBs

Dexia Crédit Local attracted nearly Eu3bn of orders for its third government guaranteed offering of 2010 this week. The large deal size of Eu2.5bn and narrow spread contrasted with the week’s two other issues in the asset class from a pair of Spanish banks.

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