Intl Bonds-Solid demand for GM deal dominates market

Newswire

LONDON, Feb 26 (Reuters) - All eyes were on General Motors on Thursday as the financing arm of the U.S. auto giant surprised markets by readying a large euro bond offering, the only corporate benchmark deal in February. The wider market meanwhile was subdued, with traders reporting very few trades. The FTSE Euro Corporate Bond Index showed investment-grade corporate bonds in euros yielding an average 61.5 basis points more than similarly dated government bonds at 1633 GMT, 0.6 basis ...

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