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◆ Half-year close keeps some issuers on sidelines ◆ Bankers expect big euro supply to come ◆ More concession on pricing could be required
A Kilt will pay a spread over Gilts it cannot justify on credit, which makes it a political gesture rather than a funding tool
Guillaume Pichard, assistant deputy minister, on the five year call, the repo boost and the cost versus home
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Feedback to FCA calls for a single set of disclosures for retail and institutional investors
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Issuance could include heavier focus on public sterling, Norwegian krone, Australian dollar and Swiss franc markets
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SSAs weigh up more pre-funding next year
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French agency aims to diversify currency mix via benchmarks and PPs, and execute euro taps
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Sovereigns, supranational and agency issuers that could think a little differently stood out in 2023. As borrowers grappled with rates volatility, narrower issuance windows and yet no let-up in borrowing requirements, it was those that could be nimble or novel as well as those that laid down price markers for others that took the most plaudits
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