Monte offers ‘juice’ in swift return to euro market

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Monte offers ‘juice’ in swift return to euro market

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(dpa) - The picture shows the entrance to the Bank Monte dei Paschi in Siena, Italy, 31 October 2005. The bank was founded in 1624 by order of Ferdinand II. who wanted to support agriculture with credits. Soon the bank became a major pillar of Siena's wealth. The bank is now one of the world's oldest money institutes. Photo: Lars Halbauer | usage worldwide | Lars Halbauer/DPA/PA Images

Banca Monte dei Paschi di Siena was marketing a new senior bond in the euro market on Tuesday, a matter of days after it completed its capital raising plan with a tier two sold at 8%.

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