Norwegian Bond Update

Thanks to Lars Kirkeby of Nordea Markets, we have a glimpse into what the New Year might hold in store for this important segment. The year started off in reasonable fashion with the issuance of 6 new primary corporate bonds, 2 commercial paper issues and 1 tap. Total issuance year to date amounts to NOK 0.9 billion compared to NOK 8.7 billion for the same period in 2007. However to keep this data in context one must recall the steep fall-off in issuance during the second half of last year.

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