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Fund costs and limited liquidity could constrain the size of the CLO ETF market
Suspension of Council of Ethics lays bare difficult choices
A sovereign issuing bonds after US military strike threats would be absurd if those threats had been made by any other president
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Public sector issuers have become more flexible when executing cross-currency interest rate swaps
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Politically motivated prosecutions endanger democracy
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Solutions exist but political will is necessary
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It will take years and huge amounts of money to get Venezuela in a state to restructure its debt
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Equalising risk weightings of covered bonds and resilient STS securitizations at 5% is sound
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By backing too many speculative IPOs, investment banks could threaten the whole market