KfW taps into sterling demand, FMS makes quick return

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KfW taps into sterling demand, FMS makes quick return

newpound

KfW found plenty of appetite in the sterling market on Monday, allowing it to increase its target size during the book build for a tap, before printing an even larger size of £750m. FMS Wertmanagement will add to the sterling supply on Tuesday after picking banks for its second fixed rate benchmark in the currency this year.

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