Location
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Tweaks to trading book rules will be next stage of competition
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After nearly barren week, issuance could return after Easter but all depends on headlines
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Central banks in the region have stepped in with support and lenders are thought unlikely to let sub debt extend
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◆ German state executes intraday trade ◆ Tenor near ‘sweet spot’ on euro curve ◆ Fair value only ‘theoretical’ in current market
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◆ Issuer brings second €500m bond ◆ Still a new name but pricing 'not too contentious' ◆ No intention to squeeze
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◆ Bank prints first Belgian covered in over six months ◆ Issuer caps order size at €750m from start ◆ Covereds this week offering more new issue concession
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◆ French firm raises €1bn with week's only deal so fair ◆ Books more than six times covered at close ◆ Slim premium offered — if any
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◆ Czech bank tightened by 4bp through execution ◆ Order book grew steadily to close at €1.25bn ◆ Banker said execution 'in line with expectations'
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Third trip this year to private placements for the Swedish truckmaker
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African issuers are dominating CEEMEA issuance
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A prolonged oil shock will hurt airlines, but a Covid-style industry collapse is a long way off
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Talk of de-dollarisation has evaporated. The dollar market remains the undisputed king of financing