Covered bond funding heads react to the potential end of ECB buying

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Covered bond funding heads react to the potential end of ECB buying

Draghi ECB PA  September 2016 230x150

The European Central Bank is expected to announce a six month extension of its Covered Bond Purchase Programme when it meets on December 8. However, as the programme may end after that, credit curves could steepen and spreads could widen next year. GlobalCapital spoke to a number of funding officials and other bankers to gauge their views on the topic.

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