Caisse d Amortissement de la Dette Sociale
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Caisse d'Amortissement de la Dette Sociale found strong demand at the five year part of the dollar curve on Tuesday, as L-Bank delayed a deal in the same currency and tenor. -
Caisse d'Amortissement de la Dette Sociale (Cades) priced a £500m three year bond on the same day that KommuneKredit mandated for a tap in the currency.
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A trio of issuers prepared to print in euros across the maturity curve in a dash before the Chinese New Year holiday starts next week, following a pair of euro benchmarks on Tuesday.
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Bankers say that five years appears to be the right point in euros in a week in which a raft of issuers hit the books.
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Public sector borrowers are hitting several parts of the euro curve, with dollar issuance all but dried up before the US Federal Reserve announces later on Wednesday the outcome of its Federal Open Markets Committee meeting.
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French government agency Caisse d'amortissement de la dette sociale has announced a €24bn funding target for 2016.
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Two issuers made opportunistic moves in sterling on Tuesday with one offering investors a rare 2020 and the other a tap.
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Read on to see how selected French agencies are progressing through their 2015 funding programmes.
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Read on to see how selected French agencies are progressing through their 2015 funding programmes.
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World Bank joined a swarm of issuers looking to print in the dollar market with a mandate on Tuesday for the first 10 year benchmark in seven weeks.
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A French agency is the latest SSA issuer preparing to tap a dollar market that is in good health — although not every point on the curve may be open for borrowers wishing to follow this week.
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Read on to see how selected French agencies are progressing through their 2015 funding programmes.
