Investors flock to ABN’s 20 year as asset purchase programme fears grow

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Investors flock to ABN’s 20 year as asset purchase programme fears grow

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Mario Draghi, President of the European Central Bank, during a press conference at ECB headquarters in Frankfurt Main, Germany, 09 January 2014. The interest rate remains unchanged at the record low lever of 0.25 percent. Photo: ARNE DEDERT | Arne Dedert/DPA/PA Images

ABN Amro returned to the covered bond market on Monday to issue the largest 20 year transaction so far in 2019. Banks have increasingly found favour in placing deals with the ultra-long maturities, amid renewed speculation that the European Central Bank could restart asset purchases.

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