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◆ Germany taps 2056s for second time this year, taking €4bn ◆ Spread was fixed from the start, rare for the issuer ◆ ‘Very, very flat’ 2054-2056 roll was key to the decision
Summer is 'slowly but surely' ending with large issuers putting demand to test
'Everyone is ready for summer to be over' as SSA wave builds for Monday
Analysts discuss the scope of tightening in Bund swap spreads and the impact on SSA spreads
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Stefan Dreesbach, one of Royal Bank of Scotland’s key frequent borrower bankers has quit to join WestLB in Düsseldorf where he will take up the position of global head of debt markets and member of the divisional board.
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The Republic of Korea is set for its long-awaited return to the sovereign bond market next week, after announcing a two-pronged roadshow starting in Singapore and London on Monday. Korea said it planned to sell a benchmark-size 10 year global bond following the roadshow, which will move to Hong Kong and Boston on Tuesday before finishing in New York on Wednesday.
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