Hunt for yield as ABN trails MuHyp in 20 year covereds

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Hunt for yield as ABN trails MuHyp in 20 year covereds

ABN Amro tapped into bank investors’ thirst for yield amid low interest rates this week with a 20 year covered bond. The Dutch deal followed a previous 20 year from MünchenerHyp (MuHyp) and comes as European investors are increasingly under pressure to reach for yield.

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