CRH, UniCredit and Popular draw attention
Paying testimony to the big long end bid, Caisse de Refinancement de l’Habitat on Tuesday priced the largest 12-year covered bond for over a year and UniCredit Austria priced a Eu1bn 10-year benchmark on Wednesday. Despite a peripheral softening, higher yielding covered bonds are still in demand with Spanish issuer Banco Popular tapping its two year.
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