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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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Scottish government declares bond plans but SSA experts puzzle over rationale and spread to Gilts -
Observant issuer listens to post-QE market
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Capped deal set to perform in secondary market, say bankers
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International investors are expecting a big sukuk premium
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KBN, OeKB, Rentenbank and AFD to tap currency amid uncertainty in euros
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New retail government bond sale draws in €4.8bn of demand on first day
