Shanghai Pudong $500m bond steals limelight on busy day

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Shanghai Pudong $500m bond steals limelight on busy day

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Shanghai Pudong Development Bank Co (SPDB) roared into the market on Wednesday, finding huge success with its debut $500m deal. The issuer managed to find the perfect window to execute its trade, tightening pricing aggressively but still ending up with a quality book.

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