NIPs ratchet higher still as Caffil ensures 10s success
Posted on 17 April 2018
Caffil attracted EUR2bn of demand to a EUR1.5bn 10 year benchmark today, but showed the price of success has risen further still, with a new issue premium of as much as 10bp. Rabobank and DG are set to test sentiment further tomorrow. Finland’s Hypo meanwhile sold a sub-benchmark...
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