EU impresses with second NGEU deal, caps size at €15bn

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EU impresses with second NGEU deal, caps size at €15bn

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Geldscheine und Münzen vor der Flagge der Europäischen Union | Boris Zerwann/Zerbor - stock.adobe.com

The European Union kept the strong momentum going for its second Next Generation EU (NGEU) transaction on Tuesday, although it did surprise some market participants by limiting the size of the dual tranche sale from the outset.

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