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New Pfandbrief platform brings Liechtenstein’s first ever covered bond
Earnings blackouts and higher funding costs to supress April supply
After nearly barren week, issuance could return after Easter but all depends on headlines
Data
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Bank has lost six debt bankers since April including three MDs -
Concerns rise about dominance of big tech providers as cyber risk proliferates
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Vulnerable bond market relies too heavily on one service provider
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Less exuberance in bookbuilding and secondary widening follows primary market onslaught
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◆ Small benchmarks hit screens ◆ Demand solid but muted ◆ Market prepared for cooling off period after rampant few weeks
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Stack of deals priced, led by €4bn Bosch acquisition financing
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