Arkéa on the road
France’s Crédit Mutuel Arkéa started a two week roadshow for a Eu10bn covered bond programme on Monday, as the unprecedented support package for the eurozone brought closer the prospect of a reopening of the covered bond market. Meanwhile, a European Central Bank governing council member said that the ECB’s covered bond purchase programme has not changed as a result of the ECB’s announcement on Monday of a broader Securities Markets Programme to buy public and private bonds. Read EuroWeek this Friday for more.
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