Currencies
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Issuer has more to fund this year than last, as Canadian SSAs ramp up borrowings
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Public sector issuers manoeuvred a US sell-off with euro issuance slated to pick up
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Investors are ready to embrace unsecured bank debt yet again — but at double digit new issue concessions
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Asset managers should be drawn to high spread products from infrequent names
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◆ Money centre banks drive $25bn-plus three-day issuance rush ◆ Goldman first refinances capital with new, cheaper deal and then returns for senior funding ◆ RBC debuts its most subordinated debt in US dollars
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Blusterous week in rates enough to wobble, but not topple, strong credit market as banker says volatility was 'net-positive'
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Online pharmacy concludes the issue of convertible bonds, a delta placement and a tender offer
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◆ Senior FRNs in euros appear more cost-efficient for issuers than covered bonds ◆ Savings vary by issuer ◆ Asset mangers prefer to buy from higher-rated FRN issuers
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Marcel Grélat will depart after more than 30 years at the bank
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Wider levels needed to offset volatility and tightening secondary curves
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Deal was issued after new green financing framework was put in place
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Row of solid trades after rates wobbles sets up next week’s issuance on good footing