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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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Three year part of the curve still popular choice in the currency
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Supranational drummed up €23bn of demand as Grand Duchy eyes 20 years
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Issuer draws demand of more than six times deal size for its June 2027s
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Move follows Rizzoli's departure to BNP Paribas
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Issuer hit screens with unfashionable maturity amid soaring US inflation but still achieved a solid trade
Sub-sections
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