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CPI bonds set for growth, say dealers

Double issuance sparks hopes for inflation-linked swap market

UK inflation

Bankers expect the number of corporate bonds linked to the consumer prices index (CPI) measure of inflation to increase following the issuance of two sterling-denominated securities last week. While some believe it could provide hope for the CPI swap market, others believe this won’t occur until the UK changes its government bond issuance practices.

The retail prices index (RPI) has long been the

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