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FIGCovered Bonds

SpaVest covered shows taper effect is ‘trickling down’

Pipe Trickle

With one of the most thinly oversubscribed Norwegian covered bonds in years, Sparebanken Vest Boligreditt (SpaVest) was barely able to tighten pricing this week. It followed Berlin Hyp, which was unable to tighten pricing at all.

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