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Bloc to price new five year and 20 year tap as Rome set to end dollar hiatus
◆ French agency raises €1.5bn seven year green bond with intraday deal ◆ Modest pick-up to issuer's curve offered, five months after it priced through ◆ Book shrank by €700m after final spread set
◆ No book update for €500m no-grow deal ◆ Surprising lack of demand for defensive trade ◆ Investors continue to cherry pick in big week for supply
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SSA issuers stretch into new currencies in what is expected to be a growing trend -
Investors gobble up green deal despite it being more expensive than shorter debt from same issuer
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Southern European issuer has simple time in the market despite money tightening fears
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New issue concessions have been creeping up for financial institutions but a flurry of green deals held off the rise last week
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The bank’s CFO Leslie Maasdorp tells GlobalCapital that the renminbi bond market will remain a ‘key focus’ for the issuer
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Canadian province follows on from Swiss franc trade to rebuild international curves
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