Domestic Buyers Expected to Take Bulk of Norway's New 20-Year Bond

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0509 GMT - Norway's upcoming 20-year bond syndication is expected to be dominated by domestic investors, Danske Bank's Jens Peter Sorensen says in a note. Norway is expected to issue 10 billion Norwegian kronor in the new bond which has a maturity date of September 2046, the chief analyst says. The new bond will lengthen the Norwegian government bond curve by four years, as the currently longest-dated bond has its expiry date in 2042.

 

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