Covered bonds to stay immune from viral scares

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Covered bonds to stay immune from viral scares

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A sign telling patients to get a mask and seek medical help if they have developed symptoms similar to coronavirus is seen at a hospital in Sunnyvale, California, United States on January 29, 2020. The World Health Organization (WHO) has declared the novel coronavirus, which has infected more than 9,692 people and killed at least 213, a global health emergency. (Photo by Yichuan Cao/Sipa USA) | Yichuan Cao/SIPA USA/PA Images

January's total primary covered bond volume was the second highest since 2014, albeit 25% down on last year in euros. February is typically a much slower month, but supply could keep pace if issuers look to the asset class for execution certainty amid mounting concern around the potential impact of a new coronavirus in China.

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