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Explicitly guaranteed Dutch utility company expected to trade tighter against govvie and agency peers
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The US dollar market buoyant this week despite escalating hostilities in the Middle East
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Europe’s corporate bond market continued to pump out deals this week, despite the equities market licking its wounds after inflation fears turned stock prices into a sea of red.
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The newest batch of euro corporate bonds have drifted wider after the shock high US inflation figure, though Europe’s debt bankers say the secondary movements are not too alarming yet.
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China Railway Construction Corp (CRCC) sold two tranches of five year bonds, one in dollars and the other in euros, to net more than $663m.
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Europe’s corporate bond market continued to pump out deals on Wednesday, despite the equities market licking its wounds after inflation fears brought a sea of red to stock prices.
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Safestore, the UK listed self-storage company, has issued £150m-equivalent of US private placement debt.
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French telecoms firm Iliad is looking for at least €300m from the Schuldschein market, and is trialing an innovative tenor extension in one of its tranches.