Analyst Research
| Report Title | Price |
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Provider: Datamonitor
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$175.00
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Provider: Reuters Investment Profile
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$20.00
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Provider: Reuters Investment Profile
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$20.00
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Provider: ValuEngine, Inc.
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$127.00
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Volvo AB Issues CNY 1 Billion Bond-Reuters
Reuters reported that Volvo AB completed its sale of a CNY 1 billion (USD 160 million) three-year offshore yuan bond at a coupon of 3.8%. The senior unsecured bond is to be listed on the Luxembourg Stock Exchange. The order books of the bond exceeded CNY 2.4 billion with orders from 73 accounts. Hong Kong and Singapore investors comprised 52% and 24%, respectively, while Europe-based buyers took 10%. Fund and asset managers accounted for the biggest part with 63%, followed by private banks at 21% and banks at 13%. BNP Paribas and HSBC are the arrangers of the deal.
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