CIBC reopens covered Kanga mart with largest deal

Bill Thornhill

July 25, 2019 01:45 pm

CIBC_Bank_PA_230x150_290419 — CIBC is refunding 1.4 million customers for improperly charging credit card fees between 2003 and 2017. CIBC signage is shown in the financial district in Toronto on Tuesday, August 22, 2017. THE CANADIAN PRESS/Nathan Denette | Nathan Denette/The Canadian Press/PA Images

Canadian Imperial Bank of Commerce reopened the Australian dollar covered bond market on Thursday with one of the largest deals from an overseas issuer at a cost that matched that of its dollar funding.

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Topics

CIBC World Markets Canada Asia Pacific Oceania Americas Australia North America FIG Covered Bonds

BT

Bill Thornhill