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The sovereign is focusing on price, not size
John Healey resigned because the money was not there for defence. It may not be there for anything
◆ One chancellor in, one unfunded offset spotted already ◆ UK defence equities gain, but Gilts wait ◆ Wages do the Bank of England's work
Spreads have tightened across asset classes amid an expected dearth of primary issuance until early August
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Market is in good shape, but will not stay that way if war drags on over summer -
Restructuring of €316m deal from 2021 is likely
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Investors are still around and issuers can get ahead of the September rush
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The French Budget in October and US mid-term elections in November could be times for covered bond issuers to avoid
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Strong appetite from international banks for first gigascale 24/7 solar plant
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Covered bonds performed despite geopolitical shocks in early 2026 and will continue to do so for the rest of the year, Rabobank has suggested
