Canada
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Issuers target both the short and the long ends of the dollar curve
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◆ Santander Consumer Bank seals 35bp move ◆ 10bp-20bp concessions needed for senior prints ◆ Pipeline slows as issuers enter 'monitoring mode'
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Dollars and Aussie dollars offered more competitive funding
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◆ Lower investor interest despite only 30% of Monday's volume issued ◆ Not all able to land at tight end ◆ 'Recalibration' for FRNs
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Austrian firms pay up following deluge of covered supply
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BMO, RBC and BNS have taken on new staff to capture on juicy FIG fees
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Deals keep coming in busy week for SSA primary market
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Risk appetite has improved from last week
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Covered bonds to dominate issuance as spreads tighten, as senior deals require broader stability
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Elevated premium needed as Canadian bank's reopener opts for size over price
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Deep Australian dollar market offers foreign firms competitive pricing
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Canadian lender happy to pay up to secure bumper size