Euro
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Worries rise that eurozone periphery sovereign spreads will take a pounding as ECB brings an end to net bond buying -
Mercialys and Sagax face weakening market
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SSA borrowers still able to offer juice over rates while squeezing mid-swaps
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Senior market in euros is open for well rated frequent borrowers as riskier deals could follow
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Principality achieves more than double demand for five year debt
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Bankers feel the market is open to national champions from across Europe
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Borrower commands €37bn of demand as central bank uncertainty and Russia fears recede
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Issuers navigate rates volatility and geopolitical tension for new funding
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Issuers may prioritise size over price to cut down on visits to a volatile market
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Sovereign deal a success despite wild swings in long end rates
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Inflation and Ukraine conflict fears weigh heavy on investor sentiment
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Sovereign heads to the long end of curve despite Russia-Ukraine crisis finally weighing on top rated borrowers
