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Volume dips only slightly despite there being a third fewer transactions
Retail and services company initially targeted €100m with third transaction since 2022
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Arbitrage remains ‘horrendous’ despite slight improvement in past week -
Unlike Ukraine's other state-owned issuers, Naftogaz is yet to secure full relief from bondholders
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Industry veteran only joined bank at start of year
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Tom Wipf stands down after four years leading introduction of Sofr
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Revised Handbook designed to raise confidence among issuers
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Rampant market tested the limits of investor appetite this week just as central bank support ebbs away
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