'Cheeky' sterling FIG arb trade 'could be running out of steam'

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'Cheeky' sterling FIG arb trade 'could be running out of steam'

◆ 'Cheeky' issuers reference low coupon Gilts ◆ RBC prints £300m senior deal off £375m final book ◆ Speculation 'less sophisticated investors' not aware of Gilt anomaly

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