Pre-migration untagged articles
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The Kingdom of Spain has achieved its equal tightest spread versus Bunds with its Eu5bn January 2017 Obligación del Estado pricing at just 3bp over the German curve — and this despite a rush of 10 year issuance offering considerably more appealing returns.
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Citigroup remained king of table one this week after printing 18 deals worth $647.8m.
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BNP Paribas excited European investors this week with its first senior floating rate note in euros. The two year deal took Eu5.25bn of orders, allowing the bank to price Eu4bn at the tight end of the 3bp-4bp guidance.