Euro Rates Watch – Strong fundamentals should support new 7y DSL

On Wednesday, the DSTA will launch its inaugural 7y benchmark for EUR 5-7bn via the 27th Dutch Direct Auction We expect an issuance amount of EUR 6bn while we see fair value at +12bps vs the German DBR 1.75% February 2024 Dutch bonds have been resilient in the Catalan...

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