DNB issues most subscribed covered bond

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DNB issues most subscribed covered bond

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raised up a human hands at the event | Picasa/photosaint - Fotolia

DNB Boligkreditt issued a covered bond on Thursday that became its most oversubscribed covered bond ever, equalling the bank’s biggest ever order book. The deal, secured on green mortgages, was priced through its vanilla curve, clearly demonstrating the demand for covered bonds.

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