Erste abwickluncsanstalt and oesterreichische kontrollbank found favour in the US dollar market last Tuesday when both priced US$1bn no-grows. "The US dollar market has been in great shape," said a DCM banker. "There has been much less issuance than redemptions this year and this will support another decent run. We have a three-year and a five-year in the market - that is perfect, nobody is interrupting each other."
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