Covered supply to be tested by surge in supply
New issues for WestLB and DnB Nor, mandates for AyT Cédulas Cajas, Banco Espírito Santo, CFF, and Eurohypo, and rumours of more deals to be added to the existing pipeline promise a sprint finish for the covered bond market in 2007. Read EuroWeek this week to see how the market is coping with the pressures of heavy supply.
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