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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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Record-breaking follow-up for UK's sophomore green deal -
Euroclear and Banque de France team up in CBDC OAT settlement experiment
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Sovereign gets away with lowest ever spreads, but still tightens in the aftermarket
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ESM's Regling calls the 60% limit 'economically nonsensical'
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Delay for ESG investors to digest new UK policies
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Green Gilt unlikely to suffer
