Hiscox brings rare senior deal in ‘cheap’ sterling market

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Hiscox brings rare senior deal in ‘cheap’ sterling market

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One pound coin on fluctuating graph. Rate of the pound sterling (shallow DOF) | VALERIYA POTAPOVA/Valerie Potapova - stock.adobe.com

Hiscox, a London-listed insurer, opened books on a short five year senior bond in sterling on Wednesday, following a period of underperformance for market.

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