Cades hits £500m as KommuneKredit prepares sterling tap

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Cades hits £500m as KommuneKredit prepares sterling tap

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Close-up of a line of ten pound notes. | Anthony Brown/antbphotos - Fotolia

Caisse d'Amortissement de la Dette Sociale (Cades) priced a £500m three year bond on the same day that KommuneKredit mandated for a tap in the currency.

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