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Sub-sovereigns

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Second digital project won’t be the issuer’s last, Länder peers may be ‘interested and willing’ to join in
SSA
◆ Half-year close keeps some issuers on sidelines ◆ Bankers expect big euro supply to come ◆ More concession on pricing could be required
A Kilt will pay a spread over Gilts it cannot justify on credit, which makes it a political gesture rather than a funding tool
Guillaume Pichard, assistant deputy minister, on the five year call, the repo boost and the cost versus home
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  • SSA
    Province of New Brunswick sold a rare seven year trade on Thursday night, capturing an arbitrage opportunity to get more attractive funding than in its domestic currency while attracting sufficient demand to allow it to increase its planned issue size.