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FIGCovered Bonds

OBG outlook questioned as Renzi relinquishes PD leadership

Matteo Renzi PA 230x150 Nov 2016

Technical factors have strongly supported the Obbligazioni Bancarie Garantite (OBG) market, but the resignation of former Italian prime minister, Matteo Renzi, from leadership of the ruling Democratic Party (PD) may hurt the market over the next few months.

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