Erste flies high as Cred Ag gives spread
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Covered Bonds

Erste flies high as Cred Ag gives spread

Cobham Lockheed Martin jet from PA 230x150

Erste Group and Crédit Agricole competed for covered bond investors’ attention at the long end of the curve on Wednesday with a rise in yields helping boost demand, particularly for the Austrian deal which started with a generous spread. At the same time Deutsche Hypo issued a three year.

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