NN Bank unearths good covered bond demand for 10 year

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NN Bank unearths good covered bond demand for 10 year

Dutch house

Nationale-Nederlanden Bank (NN Bank) returned to the covered bond market for the second time this year to issue a comfortably oversubscribed €500m 10 year conditional pass through structure that was priced 1bp tighter than where NIBC Bank issued a similar deal two weeks ago.

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