ICICI trades tighter despite lack of premium

GLOBALCAPITAL INTERNATIONAL LIMITED, a company

incorporated in England and Wales (company number 15236213),

having its registered office at 4 Bouverie Street, London, UK, EC4Y 8AX

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ICICI trades tighter despite lack of premium

ICICI

ICICI’s new $750m 5.5 year bond was trading 13bp tighter in the secondary market on Tuesday afternoon, after being priced flat to the issuer’s curve late on Monday, said bankers on the deal.

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