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CFF Eu1.5bn long 5s attract ‘enormous’ bid

Posted on 9 May 2017


Compagnie de Financement Foncier issued a Eu1.5bn long five year OF today and tightened the spread 6bp on the back of Eu3.25bn of orders to price inside its curve, with demand seen supported by “the Macron effect”, a recent lack of five year paper, and a sizeable pick-up over OATs...

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