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FIGCovered Bonds

‘Bullet-proof’ covered bonds are a ‘no brainer’ for UK banks

Euro 230x150

The euro covered bond market is ‘wide open’ for any UK bank following a successful transaction this week from Yorkshire Building Society (YBS) and before that, Lloyds Bank. This supply could also provide a vital stepping stone to the first UK senior deal in euros this year, said bankers.

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