MTN Leak
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Leak likes nothing better than a good set of childish playground games to keep us amused, and this week provided rounds aplenty with MTN marketeers out to play in force, shaking off the January woes.
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Leak has recently been mystified that many dealers have been acting like spies trying to protect secret information, leading to some interesting exchanges.
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Leak has been edging ever closer to solving the mystery of the absurdly quiet week in private placements.
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Harry Coyle has arrived. That’s not a typo. Henry Coyle, baby Harry’s father, texted Leak to say so last week. Leak can only assume that Marketa vetoed "Henry Jnr", and Henry went with the common knowledge that it’s only the first letter and last that people really notice.
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Barclays has a new boy. Leak’s ears pricked up. But the real question is why he’s been kept a secret for over a month.
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Leak is cold, and was hoping to be warmed by the post-Christmas joviality flooding the market.
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Trust Ben Lamberg to usher in the festive season early, and to do so in France.
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December: the long nights draw in, the MTNs dry up and … moustaches are shaved off. Yes, for many it’s the end of a month of wearing facial hair in aid of charity but Conrad Baker at Deutsche Bank scared the miniature chocolate advent calendars out of his colleagues, when he shaved off his remarkable ginger ’tache after his own personal year-long ‘Movember’. Leak imagines the move will rule him safely out of the running for Deutsche Father Christmas this year.
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Leak had always thought that this MTN dealing malarkey looked quite hard. Where do you even find the reverse enquiry in the first place? It must be difficult, competing for business, scraping out that demand from every nook and cranny. But it seems Leak was wrong. This was a comment posted on the EuroWeek website late last week:
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MTN dealers sneaked out last Thursday night for the first party of the season, or should we say year, the Kommuninvest Christmas event.
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Jefferies & Co’s new recruit Henry Coyle, maestro of the MTN market, is expecting another baby. So that’s what people do in the gardens during gardening leave. Or during a couple of months in Caribbean. Leak did wonder.