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UK government can find direction by being determined on defence and green growth
Nine banks chosen to run £1.5bn borrowing programme
‘Notably better’ spread cements sovereign’s standing, thanks to triple-A rating and solid fiscal position
All as expected by the market, but lack of more details regarding bill issuance somewhat disappoints
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The last few SSA issuers are making their way to market despite a sell-off in risk assets based on rumblings of further tariffs between the US and China and a European Central Bank report showing increased threats to global financial stability. -
The sterling public sector bond market was alive on Tuesday as the UK sold the penultimate syndication of its financial year and Caisse des Dépôts et Consignations returned to the currency for the first time since January 2018.
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Austria has the green light from Chinese regulators for its inaugural Panda bond issue as it looks to become the second eurozone sovereign to tap the market.
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Sri Lanka's sovereign bonds traded wider on Monday morning following the country's presidential election that saw Gotabaya Rajapaksa win with a larger-than-expected majority.
