Czech Republic offers rare eurozone exit

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Czech Republic offers rare eurozone exit

Issue: 1171 - 10 September 2010

The Czech Republic printed its first syndicated deal of the year on Monday: a Eu2bn 10 year trade paying 3.625%. The deal took advantage of the issuer’s rarity in international markets and offered investors a way out of European peripheral sovereign holdings when other alternatives continue to offer ever lower yields and as fears over southern European states in the eurozone resurface. ..

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