EU syndication ban on banks ‘unfair’ and ‘arbitrary’
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SSASSA People and Markets

EU syndication ban on banks ‘unfair’ and ‘arbitrary’


Senior SSA bond market participants have condemned the European Commission’s decision to temporarily exclude 10 of its primary dealers from the Next Generation EU syndication programme due to breaches of European antitrust rules. The Commission’s actions have also raised fears that other European borrowers could follow suit.

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