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ECB Largesse Helps Bond Sales Eclipse 2016’s Total

Syndicated bond sales in Europe hit $1.3T.

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Ultra-low interest rates and an expansionary European Central Bank have stoked a borrowing spree that’s already eclipsed activity in all of 2016, two months before the end of the year.

Syndicated bond sales in Europe are set to reach 1.13 trillion euros ($1.3 trillion) Wednesday after retirement home company Housing & Care 21 completes a 250 million pounds ($332 million) issue, according to data compiled by Bloomberg.

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