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to The International Bond Market, Informed by Bloomberg Reporting

U.K. to End Zero Risk for EU Government Bonds on No Deal Brexit < wipes tears >

The change would automatically require U.K. banks, and subsidiaries holding parts of their liquidity in government bonds, to commit additional capital against the securities, according to the Treasury.

A deal that results in both sides recognizing their regimes as equivalent [?!] would avoid that scenario.
same currency, same 27 nation-states, same rates, same liabilities and income. m'k.

Diversity is the key to economic and political evolution.
by Cat on Thu Aug 23rd, 2018 at 05:20:13 PM EST

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