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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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Oil company has picked banks to syndicate a dollar five year bond -
The rise in government borrowing that has been a defining feature of pandemic-era capital markets is set to fall next year
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Supra pulls in €103bn of demand to set up ideal backdrop for peers
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Austria brings first 15 year syndication in over a decade
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The ECB plans a reduction to its pandemic-era purchase programme, steering a tricky course that kept market participants happy
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