FIG issuers return to senior sterling issuance as BPCE offers up arb

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FIG issuers return to senior sterling issuance as BPCE offers up arb

Group BPCE office building in Paris 13th district - CITY OF PARIS, FRANCE - SEPTEMBER 4. 2023

◆ BPCE brings first senior sterling FIG deal of 2024 ◆ UK investors lap up relative value versus euros ◆ Debate over premium paid and whether market is ripe for more issuance

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