NN shows ‘ample’ long end bid as 20s set coupon high
Posted on 23 February 2021
NN Bank launched the longest euro benchmark of the year today, a €500m 20 year that offered the highest coupon on a new euro benchmark in over a year, and bankers said the €1.9bn book was evidence of strong demand at the long end despite tight spreads and some rates volatility...
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