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Size matters as NordLB gets EUR1bn 10s amid uncertainty

Posted on 11 January 2018


NordLB overcome uncertainty around the German group to draw over EUR1.25bn of demand to a EUR1bn 10 year Pfandbrief today as size was prioritised over spread, with investors appreciating this as well as a pick-up versus peers, said bankers. Westpac priced a £500m five year FRN...

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