ADB’s largest sterling deal takes currency to record half year

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ADB’s largest sterling deal takes currency to record half year

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philip kinsey - stock.adobe.com

The Asian Development Bank broke two records on Thursday as it printed its biggest sterling deal to date and took non-UK SSA issuance in the currency to a record level for a half year. Supply is likely to take a breather next week due to some crucial Brexit votes in the UK Parliament, but SSA bankers are confident the market will not take long to spark back into life.

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