BoE looks to bond syndicate in FICC review

The Bank of England will be examining new issue bond syndication as part of its Fair and Effective Markets Review and will consider publishing final allocation data and using auction processes to set allocations.
The Bank of England announced the terms of reference for its Fair and Effective Markets Review on Monday, setting out the consultation questions for possible reforms to the fixed income, currency and commodities markets (FICC) in the wake of scandals including Libor and FX benchmark
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