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ICMA AMTE Council releases new guidance on debt buybacks by government, government agency and supranational issuers.

The AMTE Council of the International Capital Market Association (ICMA), which represents issuers, intermediaries and investors in the euro debt market, has released new guidance for government, government agencies and supranational issuers on buying back their own debt securities in the international capital markets. The purpose of this guidance is to improve the functioning of the international capital markets by encouraging issuers who intend to buy back their debt to disclose publically their buyback policies.[...]