BNP Paribas reopens Swissies to mortgage-backed

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BNP Paribas reopens Swissies to mortgage-backed

BNP Paribas sold a Sfr275m (Eu183m) September 2014 covered bond yesterday (Monday) at a spread of 75bp over mid-swaps, the tight end of 75bp-80bp guidance. It was the first public mortgage-backed covered bond in the Swiss franc foreign market since September and the largest in over a year.

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