Lloyds beefs up holdco stack with post-election FRN

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Lloyds beefs up holdco stack with post-election FRN

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General view of a Lloyds Bank branch on Kings Street in Hammersmith, London. | Lauren Hurley/PA Wire/PA Images

Lloyds was selling a seven year floater from its holding company on Wednesday, in a deal that bankers described as a post-election ‘vote of confidence for the UK’ following the general election.

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