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◆ Italian bank increased benchmark size to €750m ◆ Deal expected to perform in secondary ◆ Covered was one of two issued on Thursday
◆ Canadian bank lands tightest euro covered this year ◆ Further Canadian issuance on the day ◆ Banker on the deal said tranches were priced just inside fair value
◆ Austrian bank's first covered in nearly two years ◆ Both tranches offered 5bp of NIP says banker ◆ Modest 3bp tightening reflects 'normalisation' of covered market
◆ German bank secured spread tightening across tranches◆ Banker said first tranche offered small NIP but second had nothing ◆ Tuesday’s deals failed to deliver the spectacular order books of last week
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SaarLB to test demand with year’s first 10 year Pfandbrief
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BPCE, Mediobanca and BayernLB all delivered on mandates revealed last week
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Buyers grapple with falling interest rates
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National champion status made it a natural fit for a 10 year
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Issuer adds bells and whistles after plethora of seven year issuance
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Austrian issuer takes rewarded for cautious approach amid busy pipeline and Sigma fallout