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All as expected by the market, but lack of more details regarding bill issuance somewhat disappoints
◆ Sovereign back in euros, alternating from dollars in 2025 ◆ “Very low double digit” spread over Germany ◆ Sweden, KfW key comps
Likely successor as UK prime minister Andy Burnham further to the political 'left than anyone else’ but market hopeful that scope for more borrowing is limited
Fiscal targets for 2026 already met, more early debt repayments underway
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Huge job to regain credibility - plus HSBC greenwashing
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Capital raising about to get tougher for companies Chaos reigns in Gilt market
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Nightmare on Threadneedle Street continues as emergency QE cliff edge nears
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EU built a robust book but Germany drew a more tepid response
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The head of Austria’s debt management office, Markus Stix, previews the first sale of sovereign green T-Bills and discusses the country’s growing ESG funding task