societe generale rammed home the strength of the covered market as it became the latest French issuer to top up its 10-year funding. Coming just a day after bpce's €lbn 0.875% 10.5-year, which priced flat to mid-swaps, SocGen sold its €lbn October 2027 (Aaa/-/ AAA) at 4bp through. It drew €1.6bn in orders after BPCE (Aaa/AAA/-) got €1.5bn.
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