Banks
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Agency prints its largest dollar benchmark this year after a record book -
◆ Only 8bp needed to seal Nordea's novel non-pref ◆ Debut deal not an ESG or KPI-linked bond
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◆ Proceeds earmarked to fund SLL portfolio ◆ Upcoming deal to include no links to Nordea's own KPIs
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Investors more assertive this week, said lead manager
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Demand picture for long-dated paper still uncertain after Jackson Hole meeting
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◆ World’s oldest bank scoops €500m with latest deal ◆ Only 25bp of concession needed to seal senior sale ◆ Bank faces second half MREL shortfall
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Well known face in world of SSAs rejoins Washington supra
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Higher rates and name recognition fuelled the tightest corporate print since June
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Asian borrowers are finding better funding options in Australian dollars and Japanese yen as higher US dollar interest rates bite
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Whether to push on with supply or take a break divides participants
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Market in 'good condition' after EIB re-opener, more supply to come next week
