Investment case We recommend buying GBP via a short-term UK corporate bond. Expected return in the 12-month term – about 8.5-10%. We expect that EURGBP will reach 83-84 within the coming month. For the 12-month term, we expect that GBPDKK will again reach 81-82. The recommendation is a mix of an FX recommendation and a corporate bond recommendation. It is expected that the currency will deliver most of the return, but on the other hand, it is also associated with a higher degree of uncertainty
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BUY GBP Corporate Bond