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The Gilt market is pricing a Labour leadership contest. The rates volatility market is conspicuously declining to join in
Growing worries about inflation and interest rate rises not putting investors off EM debt, yet
◆ British lender fixed spread and deal size from outset ◆ Order book closed at over two times the deal size ◆ Fixing terms enabled faster execution, the lender said
◆ Sterling trade was lender's third tranche of covereds this year ◆ 48bp was in line with fair value, a banker said ◆ Santander UK's first sterling covered since May 2025
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Italian banks' funding plans thought unlikely to change despite negative impact of prime minister Mario Draghi's resignation
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Private investors have little doubt the international bondholders will aid Ukraine
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One investor queried whether Ukraine could afford a large back-payment of debt in two years' time
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Addressing the crisis of confidence in the property sector needs stronger measures
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Ukraine's plan would save $3bn in redemption payments alone
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Saipem's rights issue collapsed. The company will be fine. The banks will pick up the pieces, which is what they signed up for