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Totta set for OH comeback as Sabadell shows periphery bid

Posted on 19 April 2017


Sabadell benefitted from pent-up demand for peripheral paper to attract over Eu2.4bn of orders to a Eu1bn 10 year cédulas today, allowing it to tighten pricing 7bp and end up at a “fair” premium. Santander Totta is set to follow tomorrow with the first Portuguese benchmark since 2015...

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