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The Reserve Bank of India's subsidised window for raising foreign currency borrowing has accelerated the country's banks' dollar issuance blitz
Issuer moves swiftly to avoid tricky calendar in September, achieves tight spreads
Issuer benefits from no-grow label, double-digit starting spread to US Treasuries, and typical 'responsible' execution approach
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Spanish and French agencies also took advantage of a narrow pricing window -
The pair braved volatility to squeeze through a narrow dollar issuance window
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Central bank expected to end seven years of negative rates on Thursday
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Right wants new nuclear — opponents see it as false solution
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Sofr FRN, Canadian dollar benchmark, and green or social bonds are on the table in the issuer's new financial year
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The French agency was last seen in the market just a month ago
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