Euro
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Away from the heavy Canadian issuance in euros this year, Bank of Nova Scotia diversified funding with Kangaroo covered bond
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Five years the 'safer road to take' in choppy euro market
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Demand is stronger at the short end, despite tighter pricing
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Italian holding company manages to get some spread movement after Monday’s deals stalled
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Morgan Stanley's €2.75bn dual trancher hailed as market reopener for senior FIG in Europe
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Riskier sectors need to cough up to secure market access
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At 8.5% yield, Portuguese national champion attracts sufficient demand to cover its funding needs
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French three year deal and Berlin Hyp's five year collect combined demand of more than €5.5bn, undisturbed by repricing in the asset class
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Issuers and investors show affinity for the asset class as its pipeline fills up
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Short dated SSA deals offer 'tempting' spread to Bunds
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Besides these infrequent issuers, dealers expect bigger banks to tap the unsecured market this week
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Corporate bond market is open but issuers warned it is not easy