(Reuters) - The iTraxx Crossover index , the most closely
watched barometer of European credit sentiment, widened another
15 basis points to trade as high as 358 basis points on Monday,
after a steep 34 basis-point rise on Friday.
InterGen now plans to price $1.2 billion to $1.3 billion of
10-year bonds at 99.189 with a coupon of 9 percent to yield
9.125 percent; 175 to 200 million pounds of 10-year bonds at
99.209 with a coupon of 9.5 percent to yield 9.625 percent; and
160 to 185 million euros of 10-year bonds with a coupon of 8.5
percent to yield 8.625 percent, the source said.
Read more at Reuters.com Bonds News
watched barometer of European credit sentiment, widened another
15 basis points to trade as high as 358 basis points on Monday,
after a steep 34 basis-point rise on Friday.
InterGen now plans to price $1.2 billion to $1.3 billion of
10-year bonds at 99.189 with a coupon of 9 percent to yield
9.125 percent; 175 to 200 million pounds of 10-year bonds at
99.209 with a coupon of 9.5 percent to yield 9.625 percent; and
160 to 185 million euros of 10-year bonds with a coupon of 8.5
percent to yield 8.625 percent, the source said.
Read more at Reuters.com Bonds News
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