Rough week for sterling bonds sees Northern Powergrid pull plug

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Rough week for sterling bonds sees Northern Powergrid pull plug

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Maj Seda/evievee09 - stock.adobe.com

Northern Powergrid (North East) postponed a sterling bond issue on Thursday a day after a housing association trade limped over the line, leaving bankers trying to decipher what caused the market to collapse this week.

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