Citi
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◆ BPCE and Handelsbanken print first Yankee bonds of the year ◆ Citi increases perpetual size after $4.6bn book ◆ Flurry of activity from US insurers
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‘All stars aligned’ for the sovereign to serve up third deal of 2024
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The European timezone is crucial for ambitious investment banks, but presents unique problems. How to cover it efficiently is causing internal tension, especially for US banks.
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Austria, France and Portugal opt for the same window
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At least a dozen SSAs are set to price deals on Wednesday
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Largest ever book in the currency for the issuer, which priced well inside secondary levels
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Supra and agency take euro SSA supply to €18bn for the week
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US bank hires five rates traders in all
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◆ 'A nice print' say rival bankers ◆ US bank raised €2.25bn and 'could have taken more' ◆ Green FRN label questioned as 'nobody cares'
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◆ Volatility spikes across markets and asset classes ◆ Citi differentiates from peers by funding at short end too ◆ Amex shows demand for FIG bonds as it issues senior and subordinated debt with negative NIP
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CDC seizes French agency momentum while IADB takes £500m from new nine year line