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Icap to launch retail bond paying 5.5pc interest
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I do think the market is lobsided from fairly obvious measures taken by large central banks. That would swing round to who sets a price, the customer or the producer. At present debtors set the cost of debt
Its quite surprising a utility is a similar rating to a high finance company, I guess they have a large amount of debt to manage.
Surely water as a product to sell and manage is fairly certain but maybe they are doing an awful job of it0
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