Norway to prop up Nordic covered bond supply in 2021

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Norway to prop up Nordic covered bond supply in 2021

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The flags of the countries of Scandinavia waving in the sky of a beautiful summer day. | Antony McAulay/Antony McAulay - stock.adobe.com

Expected euro denominated covered bond supply from the Nordic region looks promising with Norway likely to prove a particularly bright spot. However, more cost-effective domestic funding in the Swedish market is expected to depress euro volumes there.

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