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UBS buys back bonds worth $3B, issued late last week, to stabilize investor confidence

Mar. 22, 2023 6:30 AM ETUBS Group AG (UBS) StockBy: SA News Team

UBS Bank in Munich Germany

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  • UBS (NYSE:UBS) announced that it would buy back $2.96B worth of debt it issued, less than a week ago, in order to boost confidence among investors shaken by the ongoing financial turmoil and the $3B

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