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On 20 Nov Finland taps......>

FINLAND AUCTION PREVIEW
FINLAND AUCTION PREVIEW: On 20 Nov Finland taps the market for a combined
E1.0bln, selling the reopens of the 0.00% Sep-23 RFGB and 1.375% Apr-47 RFGB. 
HISTORY: For comparison at the last auctions of these RFGBs, Finland allotted: -
E1.0bln of the 0.00% Sep-23 RFGB at an average yield of 0.087% with a cover of
1.60x in March 2017. - E0.5bln of the 1.375% Apr-47 RFGB at an average yield of
1.296% with a cover of 1.93x in April 2017. 
RV/BACKGROUND: The Finnish 10-year benchmark gained 1.3bps on Nov 19 to trade at
0.650%. The 2s10s has bull flattened by 1.5bps and is currently at 123.5bps. 
TIMING: Results will be due shortly after the auction closes at 1100GMT.

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