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Top Section/Bond comments/Ad
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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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Fitch upgrades Portugal as it achieves budget surplus -
Sovereign targets retail investors as BTP spread over Bunds hovers near 200bp
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CEO of UK Debt Management Office looks back over 20 years as search for replacement begins
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Ten year Gilt yield to top 5% by December
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Respected funding official has led the debt agency for 20 years
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Sovereign achieves diversification goal with first syndicated green bond
