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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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Investors hungry for higher yields on SSA paper
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Green Gilt arrives just in time to spare UK's COP 26 blushes
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Volatility could increase concessions but CEEMEA, LatAm bankers prep more deals
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UK outstrips expectations with largest green bond ever, raising £10bn