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◆ Smooth return is well telegraphed ◆ Pricing behind benchmark ◆ Label's diminishing edge
◆ Books reach more than £2.5bn for £1bn print ◆ Safe-haven Canadian credit in demand ◆ Light supply leaves cash waiting
◆ Issuer brings September deal forward after rates rally ◆ Book unexpectedly shrinks, is pricing fair or too tight? ◆ Deal still hit targets, money saved for taxpayers
◆ Quebec's Guillaume Pichard on recent $3bn 10 year ◆ New issue concession estimated ◆ Sterling and niche markets on radar
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Returnee lands through fair value on currency diversification drive -
Bankers ‘struggle to see a drastic shift’ in concessions even after flood of issuance in May
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◆ Madrid lands at same level as 10 year ◆ Second EuGB from Madrid ◆ NWB makes euro benchmark 2026 debut
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◆ Close to recent Ontario ◆ Fair value estimated ◆ More in pipeline
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◆ Province lands tight $3bn 10 year ◆ Demand stretches down curve ◆ Sitting alongside sovereign
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New issue premiums in recent weeks were lower compared to the highs after the Iran-US conflict began
