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FIGCovered Bonds

Luminor prepares to issue Estonia’s first covered bond

Latvia Riga source Fotolia 230x150

Luminor Bank is likely to issue the debut Estonian covered bond in the first quarter of 2020 according to the bank’s head of treasury, Max Ehrengren. Although the programme will have capacity to issue deals secured on Lithuanian and Latvian assets, the inaugural transaction will be exclusively secured on Estonian assets.

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