YBS sets sights on euro covered bonds

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YBS sets sights on euro covered bonds

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A general view of the Barnsley branch of the Yorkshire Building Society in Barnsley town centre. | Anna Gowthorpe/PA Archive/PA Images

Yorkshire Building Society has mandated for a five year euro covered bond that will be the second euro benchmark covered bond from a UK bank this year. The deal emerges as investors chasing yield flatten the covered bond curve.

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