Rabo reveals approach to covered bonds
Rabobank said on Thursday that its new covered bond programme would be launched in soft bullet format. The bank also plans to shrink its balance sheet with further portfolio sales and securitizations.
The bank had announced in December 2016 that it would set up a new covered bond programme, being the last of the Dutch big three banks to do so.
It said on Thursday that it intends to register a soft bullet programme with the Dutch central bank, which
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