EIB brings first Sonia linked to BoE index as non-UK sterling issuance plummets

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EIB brings first Sonia linked to BoE index as non-UK sterling issuance plummets

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The European Investment Bank gave the flagging volumes in the non-UK sterling SSA market a boost on Friday, bringing the first ever Sonia floating rate note linked to the Bank of England’s new compounded Sonia index.

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