ING heralds dollar return, no deluge expected.

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    • Abstract:
      The article focuses on the three-year fixed and floating rate paper issued by ING during the week of September 21, 2012. According to Dan Mead of Bank of America Merrill Lynch, there is a renewed demand for European banks in both senior and subordinated formats. A total of 3.5 billion dollars of orders was attracted to the ING deal, which has an initial guidance of 180 basis points over Treasuries.