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NDA Prices At MS+48bp, We Had FV Of MS+55bp

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Nordea ((NDAFH: A3 pos/A/AA-) final terms: MS+48bp, we had FV at MS+55bp so this has priced inside SEB and Swedbank and approaching Handelsbanken's (better-rated) curve.


  • Sized at EUR1bn, books above EUR1.9bn so only <2x covered and inside our fair value. An aggressive start to the week!

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