France
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UK building society wades into buoyant FRN market to score €500m print
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The deal paid a substantial pick-up to recent 10 year Pfandbriefe
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Issuers grab window before S&P announces its June outcome, and investors show up in primary markets
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Banks received reverse interest for illiquid stock
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Pre-summer flurry sees multi-tranche and SLB deals mandated for this week
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Berlin Hyp was only just subscribed; RBI could not tighten pricing
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Size and rarity ensured better results for Hamburger Sparkasse and Vorarlberg, despite the EU absorbing demand
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French government bonds sell off across the board after negative news but European peers also suffered on weak morning
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Spreads return to their pre-SVB levels as French firm taps market at seven years just 5bp wider than its five year outing in January
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Shares traded up after the French electrical equipment company launched on Tuesday
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Invexans completes the first ABB in the cable maker since 2005
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Three year tenor attracted investors during a shaky recovery following unsecured bank issuance restarting