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Defensive approach on Tuesday amid market uncertainty
Busy Thursday ahead as five euro and dollar benchmarks set to price after a slow March
◆ Timing was everything ◆ Tight NIP on complex fair value ◆ Size and price discipline
Head of funding for 16 years steps up at Nordic supra
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The market is expecting more syndications from Austria and Portugal
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Supranational issuer sells back-to-back benchmarks to raise $7.2bn-equivalent
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Issuer will also print SIB in dollars this year, and possibly in a new currency
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Wider spreads against swaps have allowed issuers to pay skinny concession to print large sizes
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Québec is back in the dollar market after a two year hiatus as World Bank brings second deal of week
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IADB, KfW and the World Bank raised more than $10bn between them