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◆ First deal in sterling since UK budget ◆ Book falls as deal prices tighten ◆ More sterling supply expected before Christmas
Crédit Agricole and DekaBank take centre stage in Swissies as domestic names go quiet
Light opportunistic dusting expected, but prohibitive pricing to put off non-sterling funders
◆ Praemia refis at a tighter coupon ◆ Schneider lands tight at the short end ◆ Minimal concessions needed
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Opportunistic borrowers lining up for what is likely the busiest week left this year -
Dollar corporate spreads hit tightest level since 90s despite rates leaping
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Opportunistic issuers line up, but odd swap spread moves could drain demand from asset class
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Decent response from investors suggests next week will be busy in primary market
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Class A bondholders expect to get a quorum for the lending deal the utility agreed to
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Victory for Donald Trump sparks debate over how ECB will respond to tariffs
