'Prolific' demand stacks up behind Italian non-preferred

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'Prolific' demand stacks up behind Italian non-preferred

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Daniele De Rossi (ITA), JUNE 7, 2017 - Football / Soccer : Daniele De Rossi of Italy celebrates after scoring his team's third goal from the penalty spot during the international friendly match between Italy 3-0 Uruguay at Allianz Riviera in Nice, France. (Photo by Maurizio Borsari/AFLO) | Maurizio Borsari/AFLO/Press Association Images

Investors are eagerly awaiting the first senior non-preferred (SNP) bond from an Italian bank, but UniCredit is not thought to be considering issuing the instrument before national lawmakers have legislated for it.

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