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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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THE DUTCH State Treasury Agency’s new 10 year benchmark managed to avoid the criticism it usually attracts when selling by Dutch Direct Auction and was judged a success by primary dealers.
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The Hellenic Republic positively irritated bankers this week when it issued its third bond of the year — a Eu3.5bn tap of its outstanding 2024 deal.
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