L&G more than five times subscribed for new T2

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L&G more than five times subscribed for new T2

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

Legal & General managed to build a book about £2.25bn for a £400m tier two transaction in the sterling market on Wednesday, tightening pricing by more than 20bp.

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