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‘Pragmatic’ approach from borrowers set to benefit upcoming wall of issuance
◆ Nordic sovereign brings year's final euro deal ◆ Pricing strategy adjusted after secondary widening ◆ Land NRW attracts with pick-up over KfW
◆ Germany taps 2056s for second time this year, taking €4bn ◆ Spread was fixed from the start, rare for the issuer ◆ ‘Very, very flat’ 2054-2056 roll was key to the decision
Summer is 'slowly but surely' ending with large issuers putting demand to test
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New retail government bond sale draws in €4.8bn of demand on first day -
Fitch upgrades Portugal as it achieves budget surplus
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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
