Issuers line up to dance to Trichet’s tune

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Issuers line up to dance to Trichet’s tune

European Central Bank president Jean-Claude Trichet kept the covered bond party rocking yesterday (Thursday) afternoon when he hit all the right notes in his announcement of details of the ECB’s Eu60bn purchase programme, which he said will begin next month. And the likely first deal following yesterday’s news is already being soft-sounded.

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