Currencies
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◆ Bankers focused on attrition levels ◆ NAB ‘better than expected’ amid UK interest ◆ Swedbank tests FRN appetite
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◆ Greenium in play ◆ Smaller book, right price, 'happy days' ◆€10bn green issuance target met
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◆ Orders fail to match recent T2 deals, but rivals say that’s OK ◆ Why psychology matters ◆ Debate on premium
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Car company lands inside euro curve with single digit premium
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Demand for both trades was high despite coming from an unfamiliar borrower and sub-benchmark size
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◆ Dutch bank last issued in 2022 ◆ Investors eager to buy after lacklustre June and July ◆ Next to no premium needed
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Over Sfr1.45bn printed in two days as Roche, Geberit, CCDJ and Equinix all hit the market
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◆ Blowout books ◆ World Bank goes for dual trancher and dual currencies on same day ◆ EIB success formula discussed
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◆ Dual-tranche offering is second euro visit this year ◆ No-grow and green format on short tenor helps tightening ◆ Evidence of duration demand
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Power company agrees sustainability-linked debt facility with lenders
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◆ Issuers serve up five, seven and 10 year deals ◆ Finland takes record size in a decade ◆ World Bank access euro and dollar on same day
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◆ Senior FIG market reopens after summer break ◆ Minimal premiums paid ◆ ‘Competing trades working well’ say bankers