Banks
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Issuers this week have steered clear of negative yielding covered bonds, choosing longer maturities for their securities. Crédit Agricole Italia went as far as 25 years, while on the other end was Santander UK marketing a seven year tenor. -
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Yankee banks set a scorching pace for issuance in the first week of 2020 as they took advantage of red-hot funding conditions.
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