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Thursday, 17 May 2012

US IG BONDS WRAP: Marriott, Citigroup among others tap market

Marriott International and Citigroup came to market Wednesday, as it was smooth sailing for new investment-grade issues despite weaker than expected home sales data in the United States. Existing home sales in the US rose 4.3% to a 4.57m annual rate, less than what economists had forecast, the National Association of Realtors announced on Wednesday.

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