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SSASupras and agencies

EU expected to go for size with 10 or 20 year maturity for first SURE bond

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The European Union will likely issue a jumbo trade of above €5bn with a 10 or 20 year maturity for the first syndicated bond from its highly anticipated Support to Mitigate Unemployment Risks in an Emergency (SURE) funding programme, with the maiden deal expected to hit screens next week, according to SSA bankers.

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