Scotiabank
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KBN re-establishes access to euros while SEK and NIB print in a tough dollar market -
Issuers are keeping SSA deal flow going as year-end approaches
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Kommuninvest will follow them into dollar bond market on Wednesday
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Bank of Nova Scotia garnered €2bn jumbo size with the shortest Canadian deal but spread widening pressure forces it and SP Mortgage Bank to pay up
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Away from the heavy Canadian issuance in euros this year, Bank of Nova Scotia diversified funding with Kangaroo covered bond
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Issuers moved swiftly to print deals as the SSA market for benchmark bonds reopened this week
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Canadians have dominated covered bond supply this year, especially BNS
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Lack of issuance and attractive levels driving senior sterling flurry
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Debut deal to spark further labelled debt development in the country
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Others are not expected to follow after cool reception
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SSA issuers line up new bonds in a market that has been tepid towards the sector
