Investors welcome T1 risk from Direct Line, Shawbrook

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Investors welcome T1 risk from Direct Line, Shawbrook

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Burning pound sign in businesswoman palm on dark background | Photographer:Sergey A.Khakimulli/Sergey Nivens - Fotolia

Direct Line Insurance and Shawbrook Group both issued tier one debt in sterling on Friday, as FIG investors showed they were keen to buy into risky debt instruments at a late stage in the year.

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