Pre-migration untagged articles
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Bank Nederlandse Gemeenten is looking to diversify its short term funding sources with a new US commercial paper programme, it said this week.
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French local authorities are printing deals at ever-tightening spreads to the French government as investors become more accustomed to the credits. But spread narrowing is having a detrimental effect on some investors’ views of other SSA issuers in the eurozone, medium term note dealers said this week.
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Dealers of private EMTNs: Non-syndicated deals for <= €300m excluding financial repackaged SPVs, GSE issuers, self-led deals and issues with a term of < 365 days
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Italy is fast putting its troubles behind it and instead of being a hot favourite for a eurozone bailout — a very real prospect this time last year — it could well argue that it’s now in the semi-core club rather than the periphery, in market access terms at least. Spain should start taking notes.
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The Republic of Italy recently printed its longest deal in nearly three years, raising €500m with an ultra-long dated private placement, it emerged this week. Italy is comfortably established at a part of the curve still closed to Kingdom of Spain.
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Dealers of private EMTNs: Non-syndicated deals for <= €300m excluding financial repackaged SPVs, GSE issuers, self-led deals and issues with a term of < 365 days
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Intesa Sanpaolo has consolidated its asset management business in eastern Europe through a new regional hub in Bratislava, Slovakia.
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Federal Reserve chairman Ben Bernanke’s comments on Wednesday about slowing down the rate of quantitative easing were the right comments, at the right time.
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Dealers of private EMTNs: Non-syndicated deals for <= €300m excluding financial repackaged SPVs, GSE issuers, self-led deals and issues with a term of < 365 days