Barclays and Danske set to take £2bn from sterling investors

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Barclays and Danske set to take £2bn from sterling investors

The sterling FRN market picked up on Monday as Barclays was set to price the largest ever covered bond in the domestic currency and Danske Bank was poised to price a benchmark. The two borrowers follow Nordea Eiendomskreditt which attracted robust demand last week.

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