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Uncertainty looms large as presidential race far from clear and budget negotiations potentially ‘highly challenging’
Summer in full swing but first two weeks of August not completely off the cards for non-euro deals
◆ Oil slides, easing inflation fears ◆ Vote split and September QT signals to set tone for Gilts ◆ Oil-driven hike pricing unwinds days before the Bank decides
◆ Oil trumps politics ◆ Kuwait scores late winner ◆ How to save Thames Water harmlessly
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Primary dealerships are either pointless prestige business or the essential foundation of an investment banking franchise in a country. But as the cost of providing liquidity and bidding at auctions rises, who pays for them is more controversial than ever.
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Israel printed a new 10 year bond and a tap of 2043s on Wednesday with only a small new issue concession and some of the biggest books seen so far this year for a CEEMEA bond.
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Five banks are set to arrange a series of investor meetings in the US for the Socialist Republic of Vietnam.
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Israel has tightened price guidance on its 2043s tap and new 10 year bond, both in dollars, in the hope of printing the deal later on Wednesday.
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All bonds great and small from the Iberian market were available on Tuesday, as the Spanish sovereign brought a long-awaited 30 year syndication and the Community of the Basque Country made a rare visit to the market.
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There was a double breakthrough in dollars for public sector borrowers on Tuesday, as Bank Nederlandse Gemeenten reopened the 10 year part of the curve for core issuers for the first time in seven months and Sweden priced the tightest three year benchmark since the first week of the year.