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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 riotous demand for triple-A dollar bonds this week, even after last week’s feast of deals, drew superlatives like "phenomenal" and "extraordinary" from veteran bankers in the supranational, sovereign and agency market.
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The republic of the Philippines has mandated Credit Suisse and Deutsche Bank to arrange a global bond worth up to $500m, EuroWeek has learnt.
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