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◆ Wide range of investors buy highly rated bonds ◆ DNB achieves one of the tightest spreads since Covid-era QE days of 2021 ◆ SpareBank 1 SMN extends euro senior curve by two years
◆ RBC's second euro dual trancher of the year ◆ Takes large size in very busy market ◆ 'Nice' to price 4NC3 10bp inside Morgan Stanley, lead says
◆ Priced 5bp through TD's equivalent euro level, lead says ◆ Bank's first sterling deal in three years ◆ Joins rush of FIG issuance in currency
◆ FIG spreads show resilience to Iran war headlines ◆ Book grew after price tightened ◆ Could have tightened further on a different day, says rival banker
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Swedbank bucked a trend of issuers turning to covered bonds for funding on Thursday when it launched a five year fixed rate senior deal.
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HSBC France followed last week’s green trades with its own €500m five year deal on Wednesday, and more banks are lining up as the sought after format continues to offer tight pricing.
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Standard Chartered is set to issue its debut Panda bond on December 7. The Rmb1bn ($157m) three year offering will be the first batch out of the total Rmb2bn Panda bond quota the bank has obtained from the People’s Bank of China (PBoC).
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Asia's green financing market received a boost this week with IDBI Bank bringing India’s second dollar-denominated bond. Market participants expect the deal to be followed by more such trades from the country.
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MetLife and Prudential on Monday stepped into a buoyant sterling FIG market, which after a rocky 2015 has seen a slew of primary successes and boosted liquidity levels in recent weeks.
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South Korea's KEB Hana Bank is looking to make its first foray into the international bond market, hiring two banks for a dollar trade.