Le Pen threat rattles French FIG and SSAs with OAT shock

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Le Pen threat rattles French FIG and SSAs with OAT shock

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The prospect of a far-right leader becoming president of France rocked government bond markets this week. It led to a rare pulled French agency deal and will cause the country’s banks problems with their own huge funding needs. But as other issuers in eurozone countries facing elections showed, the picture of the risks ahead is complicated. Craig McGlashan reports.

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