A €500m 10-year for BANK NEDERLANDSE GEMEENTEN failed to get over the line on Thursday, catching market participants off guard, with the result likely to spur a more cautious approach. January is typically a strong month for primary issuance as cash-rich investors seek to put money to work and issuers get their funding plans under way.
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机译：BANK NEDERLANDSE GEMEENTEN的10年期5亿欧元贷款周四未能通过，这使市场参与者措手不及，结果可能促使采取更为谨慎的态度。一月通常是主要发行月份，因为现金充裕的投资者寻求投入资金，而发行人也正在制定融资计划。
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