Axa underwhelms in wake of PEPP; BMO, TD play it safe
Posted on 19 March 2020
Axa Bank Europe SCF sold the first CBPP3-eligible benchmark in over two weeks today, as BMO and TD also hit a market primed by the PEPP announcement yesterday, but its €500m four and a half year drew an underwhelming response in spite of the new pricing levels on offer...
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