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◆ 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
A rally thanks to cheaper oil has let the Gilt market defer its reckoning with political risk. But it is coming, for sure
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Strong domestic demand keeps pricing tight despite interest rate uncertainty
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Sovereign wins record-breaking order book in first syndication since election
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'Business as usual' for the sovereign's debt-raising despite change of government
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Government takes another step forward in ESG financing after recent green debut
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Sovereign's new seven year deal and tenor offer followed recent rating upgrades
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Issuer to stick to usual pattern with last syndicated benchmark of the year