Depfa Bank cancels €4.8bn of covered bonds
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Covered Bonds

Depfa Bank cancels €4.8bn of covered bonds

The Irish and Luxembourg subsidiaries of Depfa Bank confirmed that they bought a combined €4.8bn covered bonds from FMS Wertmanagement (FMS-WM) which will be cancelled with the underlying assets sold back to the state-owned wind down agency, of which it is a wholly owned subsidiary.

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