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Corporate BondsHigh grade and crossover bonds

Blame game starts after Northern Powergrid pulls plug on sterling bond

pulls plug_575px_Adobe_4Nov20

The wheels fell off the IG corporate sterling bond market this week, with one pulled deal and another that barely scraped through. Accusations and recriminations flew over what caused the trouble, which has likely slammed the doors shut on the sterling market until autumn. Mike Turner reports.

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