Euro
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French issuer follows EU’s success with a similar deal -
Year-high concessions required to reopen unsecured bank bond market
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The pair contributed to the busiest day for public sector bond issuance in weeks
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The sovereign paid a premium in line with recent trades
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Japanese issuer offers higher spread and yield due to contractual structure of its deal
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All deals tightened from initial pricing as companies brought six tranches between them
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Land Berlin and NRW.Bank took €1bn each after following the EU to market
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Wednesday’s deals were 'copycats' of those from peers the day before
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Bankers said the US insurer was not the 'obvious candidate' to restart the market
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Harley Davidson to follow as US names exploit euro window
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Structured covered bond will offer far higher spread than recent deals from Australia, Canada and Europe
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Non-European deals stay defensive in the short end, but Stadshypotek shows there is demand at five years
