ESM asks primary dealers to set up EU entities for post-Brexit auctions

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ESM asks primary dealers to set up EU entities for post-Brexit auctions

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The European Stability Mechanism has requested its primary dealers or ‘market group banks’ to set up entities within the 27 member states of the European Union in order for them to participate in bond auctions by the supranational and its sister issuer, the European Financial Stability Facility.

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