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Bond market's leading performers recognised at GlobalCapital's annual awards ceremony
Foreign corporate issuance running at record high
Recently departed banker to resurface in Asia
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Austria, Greece and Iceland all received huge order books for their first syndicated bonds of the year, coming hot on the heels of a European Union jumbo dual-tranche sale earlier in the week.
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The European Union continued where it left off last year as it returned to the bond market this week with another jumbo deal that attracted a huge order book for the first deal of the year under its Support to Mitigate Unemployment Risks in an Emergency (SURE) funding programme.
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Iceland was awash with demand in the euro market on Thursday, allowing it to comfortably sell its biggest bond in euros since 2014. But it was a far different outcome for the Joint Laender, which failed to achieve full subscription.
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Austria is looking into issuing green bonds, joining a growing list of European sovereigns that have already issued bonds in the format or laid out plans to do so in the near future.
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The UK Debt Management Office has appointed two banks as structuring advisers for the sale of its inaugural green Gilt, due to be issued this year.
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